Multiple Techniques intersect at the same point giving rise to a good opportunity to buy XAUUSD in 1 Hr Time Frame.
Buy: When Price touches any of the following lines (mentioned over the chart) A. Wash Line B. Slope Wash Line C. Frequency Line
SL: 1815
Target: 1840
Note: All the above mentioned is for education purpose only.
Trade active
Here I am mentioning the techniques. 1. Price making deep reversal at the point of intersection of Newtons Law (Action and Reaction) and Mathematically derived tool (Pitchfork) 2. Tri-dimensional axis of market manipulation is observed in a single candle at 18:30 PM IST, signifying a reversal towards upside. 3. 5 legs of Elliot Wave completion 4. Second Degree Price divergence wrt RSI
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.