XAUUSD LONG
Hello traders i this is something new what i have learned about demand and supply which has made me in love with it has stored into my knowldege now what i am expection is a bullish trend in XAUUSD also as in this strategy what i have learned is
identification
Step1:
Find out the Trend before double top or double bottom
let suppose its higher higher highs and higher lows now
step2:
find out (and identify that with tendline or info line) if there are some equal highs in the shape of double bottom or double tops
Step3:
find out (and identify that with an arrow) the break of structer after that equal highs like lower low which breaks the low (bottom) of that last equal high so now
step4
find if there is a rally and then Base and an imbalance (imbalance is when market moves fastly and no one could have entred) mark it and mark the zone of Base from where Imbalance started marke that its our supply or demand zone
step5:
wait for the price to mitigate (rejects) that imbalance and retest that level and enter here
Again i have learned this today also the zone of Equal highs i have mentioned is still immature so if it goes upward and then goes down it will also be correct it will take time and InshAllah i will master this also and will have a batter confluence to market......
identification
Step1:
Find out the Trend before double top or double bottom
let suppose its higher higher highs and higher lows now
step2:
find out (and identify that with tendline or info line) if there are some equal highs in the shape of double bottom or double tops
Step3:
find out (and identify that with an arrow) the break of structer after that equal highs like lower low which breaks the low (bottom) of that last equal high so now
step4
find if there is a rally and then Base and an imbalance (imbalance is when market moves fastly and no one could have entred) mark it and mark the zone of Base from where Imbalance started marke that its our supply or demand zone
step5:
wait for the price to mitigate (rejects) that imbalance and retest that level and enter here
Again i have learned this today also the zone of Equal highs i have mentioned is still immature so if it goes upward and then goes down it will also be correct it will take time and InshAllah i will master this also and will have a batter confluence to market......
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