📌 Overview
This was a bearish continuation setup on gold during the NY session using:
- 10AM NY setup
- M5 Fair Value Gap (FVG)
- H1 bearish bias
- Strong bearish momentum before entry
The trade aligned with higher timeframe direction while using the M5 retracement for execution.
🧭 Market Context
Before the entry, gold had already shown clear weakness on the higher timeframe.
The H1 structure remained bearish:
- lower highs were forming,
- bullish retracements lacked strength,
- and momentum continued favoring sellers.
After the sell-off, price retraced back into a premium area and tapped into the M5 FVG during the NY session.
👉 This created the ideal location for continuation shorts.
🎯 Trade Bias
The bearish bias was based on:
- H1 bearish market structure,
- strong downside momentum before entry,
- rejection from premium pricing,
- and retracement into M5 FVG.
The expectation was simple:
👉 retracement into imbalance → continuation toward sell-side liquidity.
⚙️ Execution Model
The setup followed this sequence:
👉 HTF Bearish Bias → NY Retracement → M5 FVG Tap → Sell Continuation
Confirmation included:
- bearish momentum before retracement,
- weak bullish recovery,
- reaction inside the M5 FVG,
- continuation candles rejecting higher prices.
The retracement lacked strong buying pressure, which supported the continuation idea.
⏰ Timing & Execution
The setup developed around the 10AM NY session window.
This timing was important because:
- volatility increased after NY open,
- liquidity had already been created,
- and the retracement offered cleaner execution conditions.
Instead of chasing the initial sell-off, patience was used to wait for price to retrace into imbalance.
📍 Entry & Confirmation
Entry confirmation:
- price retraced into M5 FVG,
- bearish HTF context remained intact,
- bullish momentum weakened inside the zone,
- sellers regained control quickly afterward.
The execution aligned with overall bearish order flow.
🚀 Trade Outcome
After entry:
- price respected the FVG,
- bearish continuation resumed,
- and price expanded lower toward liquidity.
The reaction from the imbalance area provided a clean continuation move.
🧠 Trade Review
✔ What went well:
- Strong alignment with H1 bearish bias
- Patient entry at premium pricing
- Clean M5 FVG execution
- Good timing during NY session volatility
⚠️ Improvements:
- Could refine entries further using lower timeframe confirmation
- Partial scaling during impulsive movement may improve trade management
🔑 Key Takeaway
This trade reinforced an important concept:
👉 Higher timeframe bias becomes much more effective when paired with lower timeframe imbalance entries.
The key factors here were:
- H1 bearish direction,
- strong prior momentum,
- and M5 FVG retracement during NY session timing.
📌 Conclusion
This was a clean NY session bearish continuation setup using:
- H1 bearish structure,
- M5 Fair Value Gap,
- and momentum continuation.
The combination of bias + imbalance + timing created a clean and repeatable execution model.
⚠️ Disclaimer:
This content is for educational purposes only and does not constitute financial advice. Trading involves risk, and past performance does not guarantee future results.
I currently use the prop firm below for my trading and evaluations.
It aligns well with my NY session approach and execution style.
If you want to explore it further, you can check it below:
FundingPips — Prop Firm
Used in my live trading & evaluations
Used for analysis, structure, and execution planning
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