Price action is a technological analysis method used to predict future prices of any trading instrument based on its movement. I prefer the Fibonacci Retracement tool and get further confirmations by analyzing the data presented on candlesticks patterns in between timeframes, i.e. Daily, Hour-4, Hour-1, & 15 minutes.
(All the data gathered does not guarantee 100% win on the trades. A proper risk management system and system would increase win rate)
Today is June 13, 2024, Thursday, I started trading on Prop firm #Fundednext on #GOLD #XAUUSD.
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