From our perspective on XAUUSD right now, the momentum has changed and there was a clear BOS on the structure and in terms of order blocks.
It's very important to look for OB confirmations since this price areas have a strong presence on the market.
You don't need indicators or any fancy setups, look for simple confirmations and find a consistent strategy based on 3/4 critical setups.
Regards,
Team PRFX :)
It's very important to look for OB confirmations since this price areas have a strong presence on the market.
You don't need indicators or any fancy setups, look for simple confirmations and find a consistent strategy based on 3/4 critical setups.
Regards,
Team PRFX :)
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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.