Thumbnail is generated with AI . Good evening everyone. It’s already 11.50 p.m. here and I’m feeling quite sleepy, but I still want to write down my gold analysis before I forget the details. Today H4 was moving sideways in a very wide range, while H1 was quite choppy during the Tokyo session. Even with the unclear market, I still found some interesting setups on M5. Here is how I was thinking about my entries today.
Higher-timeframe view
On H4, gold is still moving sideways inside a very wide range, around 14,000 pips on my chart. Price rejected the previous high and start breaking structure to bearish side, so I was looking for possible sell opportunity. But because the market still inside the range, I need to be careful and not assume every drop will continue.
H1 was not giving a clear direction during Tokyo session. It was choppy and sideways, but there was still some good setup on the lower timeframe.
## My M5 entries
### First entry — OB and trendline reaction
My first entry was around the order block, where price also rejected near the trendline. I took this reaction as a possible sign that price may move away from that area. The OB and trendline gave me a reason to watch the setup, but I still needed to manage the risk because the market was choppy.Second entry — rejection from previous M5 OB
For my second entry, price reacted again at a previous M5 order block and got rejected from that area. Since the market showed another reaction there, I saw it as another possible opportunity. I need to remember that a reaction by itself can fail, so the candle close and follow-through are still important.
Third entry — BOS, consolidation, then break of the previous high
My third entry was the most interesting one for me. First, price broke structure from the previous sideways area. Then it formed another sideways movement before breaking the previous high. This made the area more interesting because price had already shown a structure change and then continued to build before making another break.
When price came back to that area, I saw it as a possible entry zone. The BOS and the retest gave me more reason to consider this setup, instead of entering only because price was moving fast.
Last entry — engulfing reaction at OB
My last entry came after price reached the OB and made an engulfing reaction there. I used that reaction as a sign that price might reject the zone. I should still check that the candle really closed with confirmation, because an engulfing-looking candle at an OB is not enough if price does not follow through.
Reflection
Today showed me that M5 can give opportunity even when H1 is choppy. The third setup was the clearest one in my view because it had a BOS, another consolidation, a break of the previous high, and then a return to the area.
At the same time, I need to keep H4 in mind. My lower-timeframe entries can look good, but the bigger chart was still showing a wide range and possible bearish pressure. So I need to choose the entries carefully and not treat every OB reaction as a guaranteed reversal.
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