The Daily Edge - 19th Feb 2025
Trading the Consolidation: Positioning for a Potential Reversal
Market Overview
Tuesday remained within consolidation, and closing above Friday’s open.
Preferred long entries remain near 2860 for better risk-reward.
Midweek reversal potential in play, positioning for shorts at 2940 highs.
Key Observations
2940 tested, but not an ideal long entry – 2860 remains the better zone.
Entered shorts at 2940, targeting the consolidation low.
1H Market Maker Sell Model aligns with short bias.
Our Next Steps
Manage short positions – Adjust based on price behavior.
Monitor midweek reversal potential – Look for confirmation.
Remain open to invalidation – A break above 2940 requires reassessment.
Reflection Prompt
How does recognizing Market Maker models alongside higher time frame structures improve conviction in trade setups?
#XAUUSD #Gold #TradingView #MarketAnalysis #PriceAction #PipsnPaper
Market Overview
Tuesday remained within consolidation, and closing above Friday’s open.
Preferred long entries remain near 2860 for better risk-reward.
Midweek reversal potential in play, positioning for shorts at 2940 highs.
Key Observations
2940 tested, but not an ideal long entry – 2860 remains the better zone.
Entered shorts at 2940, targeting the consolidation low.
1H Market Maker Sell Model aligns with short bias.
Our Next Steps
Manage short positions – Adjust based on price behavior.
Monitor midweek reversal potential – Look for confirmation.
Remain open to invalidation – A break above 2940 requires reassessment.
Reflection Prompt
How does recognizing Market Maker models alongside higher time frame structures improve conviction in trade setups?
#XAUUSD #Gold #TradingView #MarketAnalysis #PriceAction #PipsnPaper
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.