Reverse Head & Shoulders Setup | Gold Spot | 15min | by Mohsen M

2 538


🔸 **Chart:** Gold Spot / USD (XAU/USD)
🔸 **Timeframe:** 15min
🔸 **Method:** Smart Money Concepts (SMC) + Pattern Recognition
🔸 **Focus:** Reverse H&S, Order Blocks, TLQ, BOS

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## 🔍 Market Context:

- **Market Structure:** Bearish on higher TF
- **Short-Term Trend:** MSU (Market Structure Up)
- **Efficiency:** ✅ Confirmed — clean price delivery
- **Key Pattern:** Bullish **Inverse Head & Shoulders**

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## 🧠 Technical Breakdown:

1. **Left Shoulder – Head – Right Shoulder** perfectly forming within a high-value demand zone
2. Price reacted strongly from **Order Block (OB)** + TLQ marked at the bottom wick (Head zone)
3. BOS confirms bullish attempt to shift structure
4. Anticipating neckline break at ~3345 level for further upside
5. Potential resistance and liquidity resting above 3400 (HH region)

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## 📌 Trading Plan (Pre-London Open / Monday 1:30 AM UTC+3:30):

- **Entry Idea:**
Watch for bullish confirmation after price stabilizes above Right Shoulder zone (~3300–3320)
Or re-entry on a retest of neckline after breakout

- **Stop Loss:**
Below "Head" and OB zone (~3260)

- **Take Profits:**
- TP1: Neckline break zone (~3345)
- TP2: 3400 – Liquidity pool
- TP3: Final HH sweep (~3420+)

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## ⚠️ Alternate Bearish Case:

> If price breaks below the "Head" zone and OB fails to hold,
> → Expect bearish continuation to the next liquidity zone near **VTA @ 3200**

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## ✅ Summary:

This is a clean **bullish reversal setup** using SMC logic and a classic H&S pattern:

**OB + TLQ + BOS + Efficient Market + Clear Pattern ➝ High-Probability Setup**

Structure: 🟥 Bearish (macro)
Trend: 🔼 MSU (micro)
Efficiency: ✅ Efficient
Pattern: 🟩 Inverse Head & Shoulders

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📊 Prepared by: **Mohsen Mozafari Nejad**

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