Timeframe: H1 (reference H4) – the downtrend channel from 13/06 is still valid.
Volume Profile: “ledge” supply 3408-3418, demand 3332-3342.
Trading plan
1️⃣ Sell scalp 3408-3418
• Trigger condition: price touches supply + appears Pin-bar/Bearish Engulf H15 with spike volume; DXY & US10Y do not decrease sharply.
• Entry 3408-3415 $, SL 3422 $, TP1 3400 $ (+6 $) → move SL BE; TP2 3390-3392 $ (+16 $).
2️⃣ Buy scalp 3332-3342
• Trigger condition: Hammer/Bullish Engulf M5-M15 at demand, volume dries up then increases; DXY does not break +0.2 %.
Entry 3336 $, SL 3325 $, TP1 3346 $ (+10 $), TP2 3356-3360 $ (+20 $).
Cancel trade: H4 close > 3422 or < 3325; level 1 news (PMI, Fed) in 30 minutes.
Admin: scalp XAUUSD only when spread ≤ 0.35 $, risk ≤ 0.5 % of account, minimum RR 1 : 0.5 for TP1.
The idea is educational, not an investment recommendation.
Volume Profile: “ledge” supply 3408-3418, demand 3332-3342.
Trading plan
1️⃣ Sell scalp 3408-3418
• Trigger condition: price touches supply + appears Pin-bar/Bearish Engulf H15 with spike volume; DXY & US10Y do not decrease sharply.
• Entry 3408-3415 $, SL 3422 $, TP1 3400 $ (+6 $) → move SL BE; TP2 3390-3392 $ (+16 $).
2️⃣ Buy scalp 3332-3342
• Trigger condition: Hammer/Bullish Engulf M5-M15 at demand, volume dries up then increases; DXY does not break +0.2 %.
Entry 3336 $, SL 3325 $, TP1 3346 $ (+10 $), TP2 3356-3360 $ (+20 $).
Cancel trade: H4 close > 3422 or < 3325; level 1 news (PMI, Fed) in 30 minutes.
Admin: scalp XAUUSD only when spread ≤ 0.35 $, risk ≤ 0.5 % of account, minimum RR 1 : 0.5 for TP1.
The idea is educational, not an investment recommendation.
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.