⇧ Detailed Trading Plan for London Session with HYPOS outlined within link ⇧
#Fintwit #XAUUSD #GOLD #VWAP #Keltner #MarketProfile #Orderflow
This is my premarket prep for today’s European session for GOLD. This prep builds off of my weekly trade plan I made here:
The purpose of a premarket prep is to find setups within my weekly trade plan bias
Narrative
D1
D1 Bull Engulf (inside Wide MN QHi) HiDC trading within Supply
D1 Supply End 1996.892 just below round number of 2000
H4
H4 UKC UT TC possible strength Phase 2 continued
Trend
Trend is UP 3/3
Market Profile
2 overlapping values
LN Open
0.69 x ASR- Above Value — Outside Range
Moderate to Large Imbalance
Prev. Day Exceeded ADR by 1.18
Asia traded higher
0.36xASR IBR
Additional Notes
N.A.
Hypo 1
Short
Reversal — Possible Failed Auction
Hypo 2
Long
Late-Sustained Auction
Hypo 3
Short
Auction Fade
Clarity / Confidence (1 — 5, low to high)
2
Mindful Trading (1–5 Bad to Good)
3
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