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XAU/USD Buy (1 Viewer)

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 XAU/USD Buy (1 Viewer)

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skynoxon

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Timeframe:
Primary: M15
Entry Confirmation: M1
Higher-Timeframe Bias: H1

Trade Direction: Buy

Entry Zone: 2038.0 – 2041.0
Optimal Entry: 2040.0

Stop Loss: 2028.0
Stop Loss Distance: 120 pips

Take Profit Levels:
TP1: 2052.0 → 120 pips
TP2: 2068.0 → 280 pips
TP3: 2085.0 → 450 pips

Risk to Reward:
TP1: 1:1
TP2: 1:2.3
TP3: 1:3.7

Market Session:
London session preferred
London–New York overlap for strong volatility

Buy Confirmation (M1 / M15):
Bullish engulfing or strong bullish impulse from demand zone
Higher lows structure on M15
Price holding above intraday support and VWAP

Trade Management:
Partial profit at TP1
Move Stop Loss to breakeven after TP1
Trail Stop Loss below higher lows for extended upside

Invalidation:
M15 close below 2032.0 cancels the setup

Trade Type:
Intraday on M15
Short swing if H1 trend remains bullish


 

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