How I Caught This 1:7RR Trade on GOLD

and it's an entry and it's a win Okay guys, so this is the full tutorial of my strategy that made me cut this trade on gold for 1:7 risk to reward ratio so listen up. The thing that you is to identify your trend. In this case, we are pushing to the downside. So we're gonna be looking for some sells as we're bearish. Then you gonna take your line identify our last break of structure to the downside right here so that created our range from this high to this low. Then when you you're gonna take your Fibonacci retracement from the high to the low and you will need to identify points of interest above the 0.5% of the Fibonacci in the premium zone. My structure 4 hour. So my points of interest will 4 hour too that is the opposite colour candles connected to an imbalance right here and we have another one exactly right there. Then we will POI mitigation. So price tapped into the POI see exactly right here. So you gonna go on the 15 minute to wait for a 15 minute change of character. For now, the low that we is this low right here break through the high first, we gonna have a new range. Exactly what happened in this case we broke structure right here. So that created a new range and if you see right here we have even stick pull back and according to my rules a 2 candles stick pull back is a valid so right here break of structure to the upside. So basically that means that needed to break for our change of character was this low right here that we got our confirmation after you have your 15 minute change of character on the one minute to identify your most extreme POI. In this case your most extreme POI was right here. Place your limit order at the POI your stop loss will be above the entire high adding a few points right here add as well a few pips slash points to the downside of this POI in case price comes close to the POI without really mitigating it and this space right here is to cover liquidity sweeps. have your stop you gonna have the chance of getting swept and you don't want that. And your take profit final will hourly low. So as you can see right here me to get perfectly and then we hit the final take profit right here