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.
Ordre annulé
no sing was created in a lower timeframe to enter we broke 4H structure so market undecided
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.