XAUUSD SECOND ENTRY
We identified a potential trading opportunity in XAUUSD when the market formed a higher high and higher low on the initial entry. Following this, a substantial correction occurred, and we are currently in the process of retesting the previously established higher low. This presents a second entry point.
To enhance the precision of our entry, it is advisable to exercise patience and wait for a confirmation signal on a lower time frame. Confirmations could include technical indicators aligning with the upward movement or the formation of a bullish candlestick pattern.
Once a confirmation is observed, it signals a favorable condition to initiate a long position. This approach aims to improve the accuracy of our trade entries and increase the probability of a successful trade.
It's essential to remain diligent in monitoring the price action and associated indicators to ensure the confirmation aligns with the overall market trend. This strategy enhances our decision-making process and contributes to a more informed and strategic entry into the long position.
To enhance the precision of our entry, it is advisable to exercise patience and wait for a confirmation signal on a lower time frame. Confirmations could include technical indicators aligning with the upward movement or the formation of a bullish candlestick pattern.
Once a confirmation is observed, it signals a favorable condition to initiate a long position. This approach aims to improve the accuracy of our trade entries and increase the probability of a successful trade.
It's essential to remain diligent in monitoring the price action and associated indicators to ensure the confirmation aligns with the overall market trend. This strategy enhances our decision-making process and contributes to a more informed and strategic entry into the long position.
تم حذف الأمر
no sing was created in a lower timeframe to enter we broke 4H structure so market undecided
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.