XAUUSD H4 mitigated shadow
On the H4 chart, the candle successfully mitigated the H4 shadow, which is considered the strongest order block on a higher time frame. I set a buy limit at 2474.33 with a 100-pip stop loss. Now, I am waiting for the candles to form the required Fibonacci pattern to aim for the take profit position. Wish me luck! 🤓
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.