XAUUSD, back into the order block, bias bearish... Lets find out
Note
Retest, into the order block, spike to take out SL's and we go downNote
Bias Bear, made a mistake in the title. Overall bias is BEARNote
The question is: where is the liquidity? Then we have to go down to take all the SL's at 1675, the sup level. But there is also a lot at the 1754 level. Taking them out first, we will go up into the orderblock and make a spike, or we go hunt all the way down.Note
Sl's are hit, i guess now we are going back up, forming a dobble bottem, to liquidate the SL's from the shortsNote
So, whaat will the MM do? Going down where there is a hole lot of liquidity? Making a double top?Or are we going up to go down after?
Trade closed manually
Nice profit on my demo account. I keep the trade open on TV just to see what will happen in the future. Profit is profit, up to the next one!Note
Shorts played out 1754.50 Up to 1770 to take out billions in liquidity
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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.