Multiple Setups in XAU / XAG - Flags, Support and Resistance
- The setups shown in this video are all in Hindsight. I did not take all the setups detailed in the video.
- Learn to train yourself to see these examples by going through Price Action from the past and you will be able to see these form in real time and react accordingly.
Common names people give to thses setups: Supply and Demand, Support and Resistance, Pivot
*All those refer to the same thing. They are all areas where Price is MOST LIKELY TO REACT from since it has react from the area PREVIOUSLY.
Since Price previously has react from an area before, That area will become our area of interest where we look to do business. Upon a retest, we expect Price to react in a similar fashion as the last time.
- Learn to train yourself to see these examples by going through Price Action from the past and you will be able to see these form in real time and react accordingly.
Common names people give to thses setups: Supply and Demand, Support and Resistance, Pivot
*All those refer to the same thing. They are all areas where Price is MOST LIKELY TO REACT from since it has react from the area PREVIOUSLY.
Since Price previously has react from an area before, That area will become our area of interest where we look to do business. Upon a retest, we expect Price to react in a similar fashion as the last time.
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