KASU MTL COMMUNITY 🦅

Good evening boss

Gold is still in an uptrend. Price ran hard up, then started pulling back. The big red wick down to 4,235 was a liquidity sweep it flushed weak longs out.

That's exactly what "Expecting a buy on gold after confirmation" means. Don't jump in while it's still falling, wait for that bullish confirmation.

If 4H closes below 4,290-4,295, this W setup is cancelled. No buy.

Gold is still in an uptrend. Price ran hard up, then started pulling back. The big red wick down to 4,235 was a liquidity sweep it flushed weak longs out.

That's exactly what "Expecting a buy on gold after confirmation" means. Don't jump in while it's still falling, wait for that bullish confirmation.

If 4H closes below 4,290-4,295, this W setup is cancelled. No buy.

Wait for that W to complete and a 1H candle to close back ABOVE 0.85720. Then expect continuation back to the top of the range at 0.8585.

* If 1H closes solidly below 0.85660, the range breaks down and the buy is off — price could drop further.

This is a much slower pair than Gold, so it will take time to hit that target — perfect for a swing, not a scalp.

Wait for that W to complete and a 1H candle to close back ABOVE 0.85720. Then expect continuation back to the top of the range at 0.8585.

* If 1H closes solidly below 0.85660, the range breaks down and the buy is off — price could drop further.

This is a much slower pair than Gold, so it will take time to hit that target — perfect for a swing, not a scalp.

This is a range, but what's the bias? Are we bullish overall or just playing the range?

What lot size do you recommend for this slow pair?

Wait for that W to complete and a 1H candle to close back ABOVE 0.85720. Then expect continuation back to the top of the range at 0.8585.

* If 1H closes solidly below 0.85660, the range breaks down and the buy is off — price could drop further.

This is a much slower pair than Gold, so it will take time to hit that target — perfect for a swing, not a scalp.

what exactly will be the confirmation? A bullish engulfing or break of structure?

Is it safe to enter on 1H/15m instead of waiting for 4H close to get better RR?

Yes, but with smaller risk. 4H is for direction, 1H/15m is for precision. You can use 1H to get better RR, but only AFTER 4H shows the W forming. Don't front-run it.

Do you think this range will break up or down? I'm betting on fakeout down then up. What do you think?

EURGBP is slow but clean. Who else is in this buy with me?

Wait for that W to complete and a 1H candle to close back ABOVE 0.85720. Then expect continuation back to the top of the range at 0.8585.

* If 1H closes solidly below 0.85660, the range breaks down and the buy is off — price could drop further.

This is a much slower pair than Gold, so it will take time to hit that target — perfect for a swing, not a scalp.