#Gold #XAUUSD #PriceAction #Fibonacci #EMA50 #TradingView #Scalping #TrendTrading #LiquidityGrab #AltcoinsSpeakLouder #TradeWithMky
What happens when price dives, grabs liquidity, and kisses the 50 EMA with a bullish shadow candle?
You get what I call a "Miracle Shot" setup.
🔹 Price retraced deeply into a golden zone (between 50–61.8% Fibonacci).
🔹 The candle with a long lower wick shows liquidity grab.
🔹 Immediate bullish rejection right from the EMA50 = clear entry signal.
🎯 Entry: Near EMA50 + confirmation candle
🛑 SL: Below the shadow
✅ TP: Fibonacci extensions at 161%, 261%, and 414%
You can already see how price exploded after this textbook setup.
In the next move (second screenshot), price creates a wick to the upside—classic sign of profit-taking or potential trap for late buyers.
✍️ If price retests EMA50 again with a valid setup, this could be your Re-entry Shot.
What happens when price dives, grabs liquidity, and kisses the 50 EMA with a bullish shadow candle?
You get what I call a "Miracle Shot" setup.
🔹 Price retraced deeply into a golden zone (between 50–61.8% Fibonacci).
🔹 The candle with a long lower wick shows liquidity grab.
🔹 Immediate bullish rejection right from the EMA50 = clear entry signal.
🎯 Entry: Near EMA50 + confirmation candle
🛑 SL: Below the shadow
✅ TP: Fibonacci extensions at 161%, 261%, and 414%
You can already see how price exploded after this textbook setup.
In the next move (second screenshot), price creates a wick to the upside—classic sign of profit-taking or potential trap for late buyers.
✍️ If price retests EMA50 again with a valid setup, this could be your Re-entry Shot.
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.
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.