XAU/USD - Multi Time Frame - Engulfing
Updated
Price reach Engulfing buy zone (1775-1772). if the price break down and close below 1772. it may go all the way down.
but if the candle pullback and break 1786. price may reach to Engulfing sell zone (1794-1790)
but if the candle pullback and break 1786. price may reach to Engulfing sell zone (1794-1790)
Trade active
Engulfing buy in 15M time frame. lets see what happen after 2 HourTrade active
Question.is the price will break 1786? yes / maybe
looking at 4H time frame, if the candle close above 1785.95
it become Engulfing buy zone for 4H time frame.
(and yes it possible to reach 1790)
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