Trade Gold

 TRIPLE BOTTOM chart pattern This pattern can be seen as 3 "V" shapes in the chart. Market habits will make a change of direction from downward to upward after the formation of a double/triple bottom. But you must combine it with other confirmations before entry. You can try to backtest this knowledge in your trading . Hopefully this knowledge will be useful to new traders and old traders . #triplebottom #backtest #chartpattern

 GOLD BUY NOW ‼️ 1925 - 1923 TP 1930 TP 1934 SL 1919

 WHAT YOU NEED TO KNOW BEFORE ENTRY? To make an entry decision in trading is not an easy decision. You need to know a few things before pressing the buy or sell button. This is to allow the entry you make to be the best entry, not casually. There is a reason for you to enter and at least it reduces the risk of loss. What do you need to know before entry? 1. Know market trends 2. Know where the market is going 3. Know where to enter and exit 4. Know how much target profit is desired 5. Know how many lot sizes to use 6. Know how much loss to bear 7. Follow the trading plan, not follow emotions #markettrends #goldtrade 

SUPPLY & DEMAND ZONE 4 Popular patterns if you use the supply & demand technique ✅ Drop Base Rally (DBR) ✅ Rally base Rally (RBR) ✅ Rally Base Drop (RBD) ✅ Drop Base Drop (DBD) These 4 zones can be used as a place for you to look for opportunities to enter the market. But always remember, make sure you combine it with other confirmations before you enter a position in these zones. Examples in the picture above are the Rally base Rally (RBR) and Drop base Drop (DBD) zones Do not rely on 1 confirmation only in trading You can practice for zone marking if you find a chart pattern like this in your chart. #supplyanddemand #markingzone #dropbasedrop ​

                Trendline is divided into 3 types. 1. Trendline SnR - Trendline Support - Trendline Resistance 2. SbR trendline - Trendline Support becomes Resistance 3. Trendline RbS - Trendline Resistance becomes Support To identify trends and zone entry. Trendline is divided into 2 types. a) Major Trendline - Pulled on Big TF to see trends. Ex i. M30 for scalping i. D1 for intraday iii. MN for swing b) Minor Trendline - Pulled on the TF used to find the entry. Ex i. M1, M5 and M15 for scalping i. H1 and H4 for intraday iii. D1 and Weekly for Swing There are 2 ways to draw a trendline. 1. Body to Body - This way, high risk and floating will be more. 2. Shadow to Shadow - This way is low risk and floating will be less. # Valid for all pairs Hopefully useful for you #TRENDLINe #sbr #scalping #trendlinesupport #trendlineresistance

 HOW TO DRAW & USE TRENDLINES  Although trendline is one of the analysis techniques commonly used by traders, most traders are still not sure whether they need to plot their trendline in shadow or body. Just like snr, you can plot your trendline either in the shadow candle or in the body. To draw trendlines you just need to find two lower highs that are clear in the eye if the market is 𝗗𝗢w𝗡𝗧𝗥𝗘𝗡𝗗 and connect using the trendline. If it's the 𝗨𝗣𝗧𝗥𝗘𝗡𝗗 market, you just need to find two higher lows that are clear in the eye and connect using the trendline. #tradegold #trendline

 On morning we'll share the XAUUSD .. TP and SL ..for scalping . See next week .