XAU continuation long in POI's if ltf market structure shits
XAU/USD remains bullish, and I'm focusing on continuation longs at key POIs, specifically a breaker block and an imbalance zone. I’ll only enter trades upon confirmation of a market structure shift on the lower timeframes, ensuring precision entries. These areas provide strong confluence for another leg higher in the ongoing trend.
Commentaire
Entry was provided after the given 5 minute market structure shift. We saw some good suport at the 5minute imbalance and once price crossed the 50MA we entered as i missed the entry at the imbalance.
Commentaire
TP1 hit at 2.38RR, stops break-even.Commentaire
Achieved a total PROFIT of 0.46RR, with the position stopped out at breakeven after reaching TP1 at 2.38RR. I’ll be watching for another setup, targeting a potential entry once Wednesday's low is swept.
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