🧩 Trade Context:
This is a low-risk, counter-trend long idea based on price reacting from a well-defined but over-tested support zone (~3,225–3,230).
Price has been respecting this area repeatedly, but liquidity sweeps and volume profile activity suggest a short-term bounce may occur before any deeper breakdown.
The 1H structure remains bearish, so this is not a trend reversal, but rather a tactical long play targeting premium zones above.
⚙️ Entry Plan (15-Minute Execution):
Entry: Near current price (3,229–3,231)
Stop Loss: Just below the weak support (~3,224)
Target: 3,245–3,250 (prior HVN / supply retest)
Risk-Reward: Approx. 1:3+ depending on fill
🔍 Confluence Factors:
High-volume support area showing absorption
Potential liquidity sweep below previous lows
Bullish reaction candles on LTF inside a discounted zone
Setup invalidated cleanly with minimal risk if support breaks
⚠️ Note:
This is a low-confidence directional trade, as we're trading against the higher-timeframe bearish trend. Manage risk accordingly — ideal for experienced intraday traders looking to capture retracements.
📌 Suggested Post Title:
"XAUUSD Counter-Trend Long – Low Risk from Exhausted Support (1H + 15M Setup)"
This is a low-risk, counter-trend long idea based on price reacting from a well-defined but over-tested support zone (~3,225–3,230).
Price has been respecting this area repeatedly, but liquidity sweeps and volume profile activity suggest a short-term bounce may occur before any deeper breakdown.
The 1H structure remains bearish, so this is not a trend reversal, but rather a tactical long play targeting premium zones above.
⚙️ Entry Plan (15-Minute Execution):
Entry: Near current price (3,229–3,231)
Stop Loss: Just below the weak support (~3,224)
Target: 3,245–3,250 (prior HVN / supply retest)
Risk-Reward: Approx. 1:3+ depending on fill
🔍 Confluence Factors:
High-volume support area showing absorption
Potential liquidity sweep below previous lows
Bullish reaction candles on LTF inside a discounted zone
Setup invalidated cleanly with minimal risk if support breaks
⚠️ Note:
This is a low-confidence directional trade, as we're trading against the higher-timeframe bearish trend. Manage risk accordingly — ideal for experienced intraday traders looking to capture retracements.
📌 Suggested Post Title:
"XAUUSD Counter-Trend Long – Low Risk from Exhausted Support (1H + 15M 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.