$XAU
My Personal Strategy – High Probability Price Action Entry (4H Confirmation, 30M Precision Entry)
This strategy is work for only forex trading pairs.
I focus on pure price action and candle structure instead of using indicators, because price itself shows the real direction of the market.
Here is my exact approach:
For buy setups — I first check the higher timeframes. When the Monthly, Weekly, and Daily candles are all the same colour (bullish), it confirms strong directional bias.
Then I move to the 4-Hour chart and wait for a 3-candle breakout structure.
Candle 1 closes — the colour does not matter, it simply forms the base.
Candle 2 closes and creates a higher high than Candle 1 — at this point, I draw a trendline connecting the high of Candle 1 and Candle 2.
Candle 3 closes and breaks above the trendline — this confirms the breakout and signals a valid buy opportunity.
Normally, entry is taken 10 pips above the high of Candle 3 on the 4-Hour chart.
However, based on my experience, the 4-Hour entry is often late because the real breakout already occurs earlier. That is why I use the 30-Minute chart to catch the same breakout and confirmation earlier, allowing a more precise entry, smaller risk, and higher profit potential.