New Break of Structure, Wait for PB to Enter on GOLD
Double CHoCH happened and I expected price to retraced back into demand zone, but it didn't happen:
XAUUSD went up and broke above the prior high so BOS. What we expect after BOS? Correct! Pullback!
If you want to know more about market structure, see the post below:
Check LTF like 15M chart and wait for bearish CHoCH so PB will started after that. Also highlight the premium and discount areas and wait for price to reaches the discount area, nice filter for long entries.
What do you think about this chart? Feel Free and Comment Below!
XAUUSD went up and broke above the prior high so BOS. What we expect after BOS? Correct! Pullback!
If you want to know more about market structure, see the post below:
Check LTF like 15M chart and wait for bearish CHoCH so PB will started after that. Also highlight the premium and discount areas and wait for price to reaches the discount area, nice filter for long entries.
What do you think about this chart? Feel Free and Comment Below!
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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.
Disclaimer
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.