🟡 XAUUSD Bullish Trade Plan – 4H Timeframe
📊 Market Structure: Higher Highs & Higher Lows (HH-HL) following Dow Theory
📐 Trendline Breakout confirmed by strong bullish candle
🕓 Timeframe: 4H
🟢 Entry Price (EP): 3379.052
🔴 Stop Loss (SL): 3269
🎯 Take Profit 1 (TP1): 3486.163 – 🟰 Risk:Reward 1:1
🥇 Take Profit 2 (TP2): 3607 – 🟰 Risk:Reward 1:2
📌 Open Two Trades:
🔸 Trade 1: Target TP1 to secure quick 1:1 profits
🔸 Trade 2: Target TP2 for extended 1:2 gains
🔄 Once TP1 is hit, shift SL of Trade 2 to Entry 🔁
📈 Continue trailing SL upward if momentum persists beyond TP2
⚡ Clean structure, trend alignment, and solid risk control – strong long setup! 🚀
📊 Market Structure: Higher Highs & Higher Lows (HH-HL) following Dow Theory
📐 Trendline Breakout confirmed by strong bullish candle
🕓 Timeframe: 4H
🟢 Entry Price (EP): 3379.052
🔴 Stop Loss (SL): 3269
🎯 Take Profit 1 (TP1): 3486.163 – 🟰 Risk:Reward 1:1
🥇 Take Profit 2 (TP2): 3607 – 🟰 Risk:Reward 1:2
📌 Open Two Trades:
🔸 Trade 1: Target TP1 to secure quick 1:1 profits
🔸 Trade 2: Target TP2 for extended 1:2 gains
🔄 Once TP1 is hit, shift SL of Trade 2 to Entry 🔁
📈 Continue trailing SL upward if momentum persists beyond TP2
⚡ Clean structure, trend alignment, and solid risk control – strong long setup! 🚀
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.