GOLD idea for H4 timeframe - SMC analysis.
As we seen the downtrend on H4, so we will focus on Short when price is in the supply zone.
Check List
- H4 Downtrend
- Clear Supply Zone
- Liquidity before Supply Zone
Most Important !
Wait for the Confirmation in the lower timeframe before entry and manage your Risk per trade as 1-2%
!! Every Trade is risky.
Thank you. Enjoy your trading day.
Check List
- H4 Downtrend
- Clear Supply Zone
- Liquidity before Supply Zone
Most Important !
Wait for the Confirmation in the lower timeframe before entry and manage your Risk per trade as 1-2%
!! Every Trade is risky.
Thank you. Enjoy your trading day.
Note
Zone Update - The liquidity around 2340 has been sweep! . So, if there has change of charactor on lower time frame around 2355-2368 then we can decision to open short from that price .
Expect this is a big swing trade on this area.
Remember! risk management is important.
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