Xauusd Smc Levels 13-01-25 #Goldsetup #thezenmasterforex
Read chart on 5 min timeframe
Key Areas : 2662 to 2697
Trend: Bearish
Entry 1
sell level 1 Enter short near the supply zone 2697 or 2690 whenever price reacts
Stop Loss:
Place the stop loss above supply zone around recent high
Take Profit:Place TP1 around 2680 and TP 2 around 2669.
Risk-Reward Ratio:
Risk: Approx 30 pips Reward: Approx 200 pips
BE: Bring trade to BE at +40pips
Note:
Place trade only if price reacts at obove levels.If price mitigates these levels wait till it reacts
Disclaimer:
This is only for information and Knowledge sake,The trade levels provided are for informational purposes only and should not be considered financial advice. Trading and investing involve significant risk and may result in substantial losses. Always conduct your own research, consult with a licensed financial advisor, and ensure you fully understand the risks before making any trading decisions. Past performance is not indicative of future results.
Key Areas : 2662 to 2697
Trend: Bearish
Entry 1
sell level 1 Enter short near the supply zone 2697 or 2690 whenever price reacts
Stop Loss:
Place the stop loss above supply zone around recent high
Take Profit:Place TP1 around 2680 and TP 2 around 2669.
Risk-Reward Ratio:
Risk: Approx 30 pips Reward: Approx 200 pips
BE: Bring trade to BE at +40pips
Note:
Place trade only if price reacts at obove levels.If price mitigates these levels wait till it reacts
Disclaimer:
This is only for information and Knowledge sake,The trade levels provided are for informational purposes only and should not be considered financial advice. Trading and investing involve significant risk and may result in substantial losses. Always conduct your own research, consult with a licensed financial advisor, and ensure you fully understand the risks before making any trading decisions. Past performance is not indicative of future results.
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.