Gold Spot / U.S. Dollar (XAU/USD), here is an analysis
Обновлено
Key Elements
45M Order Block: This represents a significant price zone where institutional orders might be present. Price is likely to react when it reaches this area.
LQ Sweep 1: Liquidity sweep, indicating a point where the market takes out previous lows or highs to grab liquidity before reversing. This is a common stop-hunt area.
FVG + Imbalance: Fair Value Gap and Imbalance areas suggest zones where price may return to fill gaps. These can act as potential targets or reversal points.
Shift 2 and OB (Order Block): Another area indicating potential supply where price previously reacted, suggesting future resistance or target.
CHOCH (Change of Character): This marks a potential trend reversal point where the market structure shifts from a bullish to bearish trend or vice versa.
Lower High / Break of Structure (LH / BOS): Indicates a break in the market structure, confirming a trend change.
OB Unmitigated: This shows an order block that hasn't been tested yet, indicating a potential area of interest for buy orders.
$$$: Representing areas of high liquidity, often targeted by the market.
Current Setup and Projection
Entry and Stop-Loss: The green area shows a long entry position with a stop-loss slightly below the OB unmitigated area.
Target: The target is set at the FVG+ area, suggesting a significant upward move from the current price level.
Trade Idea
The chart suggests entering a long position near the current price level of around 2324.725, with a stop-loss set around 2313.000. The target for this move is around 2349.500, aiming for the FVG+ or imbalance area.
Additional Observations
Liquidity Sweeps: Multiple liquidity sweeps indicate attempts to grab liquidity before making significant moves, suggesting volatility.
Trendlines and Structure: The chart shows a mixture of bullish and bearish structures, indicating potential consolidation before a breakout.
Conclusion
The chart indicates a bullish setup, with the expectation that the price will move towards the FVG+ area after filling the order blocks and imbalances below. The setup suggests a long position with a risk-reward ratio favoring the upside, targeting the next significant supply area.
If you have any specific questions or need further details on this analysis, feel free to ask!
45M Order Block: This represents a significant price zone where institutional orders might be present. Price is likely to react when it reaches this area.
LQ Sweep 1: Liquidity sweep, indicating a point where the market takes out previous lows or highs to grab liquidity before reversing. This is a common stop-hunt area.
FVG + Imbalance: Fair Value Gap and Imbalance areas suggest zones where price may return to fill gaps. These can act as potential targets or reversal points.
Shift 2 and OB (Order Block): Another area indicating potential supply where price previously reacted, suggesting future resistance or target.
CHOCH (Change of Character): This marks a potential trend reversal point where the market structure shifts from a bullish to bearish trend or vice versa.
Lower High / Break of Structure (LH / BOS): Indicates a break in the market structure, confirming a trend change.
OB Unmitigated: This shows an order block that hasn't been tested yet, indicating a potential area of interest for buy orders.
$$$: Representing areas of high liquidity, often targeted by the market.
Current Setup and Projection
Entry and Stop-Loss: The green area shows a long entry position with a stop-loss slightly below the OB unmitigated area.
Target: The target is set at the FVG+ area, suggesting a significant upward move from the current price level.
Trade Idea
The chart suggests entering a long position near the current price level of around 2324.725, with a stop-loss set around 2313.000. The target for this move is around 2349.500, aiming for the FVG+ or imbalance area.
Additional Observations
Liquidity Sweeps: Multiple liquidity sweeps indicate attempts to grab liquidity before making significant moves, suggesting volatility.
Trendlines and Structure: The chart shows a mixture of bullish and bearish structures, indicating potential consolidation before a breakout.
Conclusion
The chart indicates a bullish setup, with the expectation that the price will move towards the FVG+ area after filling the order blocks and imbalances below. The setup suggests a long position with a risk-reward ratio favoring the upside, targeting the next significant supply area.
If you have any specific questions or need further details on this analysis, feel free to ask!
Сделка активна
Set Your SL based on RISK management and previous LTF High a short scalp major plan is BuyСделка активна
LTF has completed FVG and OB retest. Entry confirmed and sell position started along with London Timeframe for AMDОтказ от ответственности
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