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INDUCEMENT + LIQUIDITY GOLD
CFDs on Gold (US$ / OZ)
INDUCEMENT + LIQUIDITY GOLD
By PositronXY
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Apr 30
0
Apr 30
For market to move, it needs liquidity in terms of supply and demand as well as sell/buy stops.
When market is in your POI, ask yourself the following:
LOOK LEFT, Has price taken liquidity ON THE WAY TO POI?
LOOK NOW, Has price GENERATED liquidity ON THE WAY TO POI?
LOOK LEFT+NOW, Has price GENERATED liquidity BOTH?
If YES = Price will respect DEMAND/SUPPLY ZONE
If NO = Price will MOVE FURTHER to Lows or Highs for liquidity
If YES = Price will MOVE FURTHER to SWEEP liquidity + RESPECT into DEMAND/SUPPLY
If NO = Price will MOVE FURTHER to Lows or Highs for liquidity
If YES = Price will SWEEP + respect DEMAND/SUPPLY ZONE
If NO = Price will MOVE FURTHER to Lows or Highs for liquidity
In terms of PULLBACK:
> If Price Sweeps liquidity then = DEEP PULLBACK at DEEP POI
>If Price not sweeps liquidity then = ONLY TO CLOSE POI BULLPACK
kind regards
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