Entry On XAU-USD 27-04 1:4 RR by @marvel-trader-c on 3Speak
▶️ Watch on 3Speak --- Hello traders!!! We welcome you to the Marvel Traders Hub and to a blessed week ahead. Today, we will be sharing with you a position we entered on the XAUUSD which is called ...
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Hello, dear traders in the Marvel traders community. A blessed more day to each and everyone of us. It's a lovely day. And looking at the chart here, we saw what happened on the USD pays, most especially on the goal that we enter that position. We saw what happened on the chart here. The market closed at this point. Last weekend, the market closed here. This was where the market closed at 4 ,709, that was where the market closed. And upon the market open, upon the market open, we saw this huge, bearish candle that came to an area that we highlighted, our demand zone. Are you getting it? These candles stick. came to our demand zone let's just quickly go, we're not going to be wasting time on this section, let's just quickly go and see what happened. Yes, during the weekend, we took time to draw our zones. This is the gold, the AUX, the X -A-U-S-D, that's the gold. Then these are the demand zone that we highlighted. during the weekend. Are you getting, we highlighted this area during the weekend, with the mind that the market is going to retrace down to this level before pushing higher. And after we highlighted it, when you look at the screen at the side, you're going to see how we enter the market. We enter the market on the 15-minute time frame. We waited for Price to get into the zone. And when Price got into this zone, we saw this first hammer candle. This is a pinbar. We saw it, and after which, some persons could have entered aggressively here. Yeah, you're getting it, but we still waited. we waited a Y and to see the next candle formation at that point we got this bearish candle stick and followed by this indecisive candle at this point we waited we see okay when this candle closed bullish that's where we're going to enter the market and go for long targeting these liquidity areas right here because this year our target is at a price where it definitely come down to this level. Are you getting it? So, at the closure of this bullish candle, there's a money star chart pattern, this is a money star of formation, this indecisive candle, and this one, are you getting it? It's a money star. So upon that, we enter the market on the market execution. and our stop loss was placed at this point. This was where we placed our stop loss. We placed our stop loss at 4669, 4669 level. That was where we placed our stop loss. And we targeted a 1 to 4. Take a look at the screen. You're going to see 1 to 4. Are you getting it? So whatever we're risking on this trade, we're getting... times four of whatever we are risking on this trade and as time goes on the market gave us a drawdown at this point and closed with this dragonfly, are you getting it? This is a dragonfly candor stick. It closed with this dragonfly and we saw these candlestick formations here before price pushed up. And when you look at the side, when you look at this our screen record, because why doing it? We did our screen record. Looking at the screen record by the side, you're going to see how we entered it, and you're going to see how the market was reacting at that point in time. And you're also going to see that we highlighted this level to be the point you're going to take our profits, this level. We highlighted this liquidity level. Are you getting in this level? That was where we highlighted that when price gets there, that we'll take our profit. And looking at it, it didn't take up to, let's check it, around 330 UTC plus zero, 330 UTC, the trading view time, the market got to our take profit level, and we caught out of the trade with four times our risk. Are you getting it? So it's a lovely day on gold. Yeah, and we are here to tell you that. On trading, take your time to learn deeply about it. Yeah, don't rush, don't rush into trades. Just take time. for your zones and wait patiently for price to get to your zones before you enter on any position. Are you getting it? It's a wonderful Monday, and we are wishing you the best and the best and the best week ahead. Are you getting it? All right, thank you and thank you very much. Don't forget it. The Marvel Traders Hub, and feel free to... like our activities, subscribe to our community on the Hive blockchain if you are watching this video on YouTube. You can also DMOs if you want to create a Hive account so that you can be dropping your activities just like this in the video form. You can also be journaling your activities via screenshots and write-ups. Are you getting it? It's a lovely place to be. Thank you and thank you. very much.
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