JICPT| Bullish setup of Gold on 4H(1804-1812)_with trigger
Hello everyone. The bullish setup of gold is mainly based on momentum on 4H.
I listed the reasons to long on the chart for reference:
1.Uptrend line
2.MA crossover
3.Demand zone
4.Flip
The target is around 1860 which I chose to be in line with the daily chart structure. In my opinion, the selling pressure is high.
In addition, the entry zone is 8 dollars. If you want to lower the risk and increase your profit margin. You can set alarm and triggers by placing market order based on the 15m candle formation.
Give me a like if you're with me!
Stay safe and trade safe.
I listed the reasons to long on the chart for reference:
1.Uptrend line
2.MA crossover
3.Demand zone
4.Flip
The target is around 1860 which I chose to be in line with the daily chart structure. In my opinion, the selling pressure is high.
In addition, the entry zone is 8 dollars. If you want to lower the risk and increase your profit margin. You can set alarm and triggers by placing market order based on the 15m candle formation.
Give me a like if you're with me!
Stay safe and trade safe.
Comment:
My pre-set alarm got activated. Gold touched the zone. Let's do what we planned before.
Comment:
I just caught the reversal on 15m. The retest or pullback would be a good entry for buyers as the trend started to change on smaller timeframe
Comment:
The pullback strategy on 15m works very well! That's why we have trigger to reduce the risks.
Comment:
Finally, after two more retests, the level has been conquered. The bullish setup has been terminated on 4h
plan your trade and trade your plan
