GoldViewFX HISTORICAL DATA = BLUE PRINT
We always advise, as the basis of all technical analysis, is to zoom out and view the overall range and find price ranges similar to the current price range.
This allows us with a greater chance to map out a potential blue print for the current range by following how price reacted historically in the same range. This allows you to see how the historical range is being respected both ways and only by zooming out and bringing the historical range in view, in line with the current range, we are able to identify and predict these movements in the most basic form.
We then use indicators and setups to trade within those levels for specific entries and exits.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
This allows us with a greater chance to map out a potential blue print for the current range by following how price reacted historically in the same range. This allows you to see how the historical range is being respected both ways and only by zooming out and bringing the historical range in view, in line with the current range, we are able to identify and predict these movements in the most basic form.
We then use indicators and setups to trade within those levels for specific entries and exits.
Please don't forget to like, comment and follow to support us.
GoldViewFX
XAUUSD TOP AUTHOR
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