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All possible XAUUSD scenarios in the 4-hour timeframeScenario 1: The price will decrease from this area and reach the nested demand in the larger demand of the 4-hour timeframe. Scenario 2: It moves the same as scenario 1, but the price drop is more and it reaches the second nested demand in the larger 4-hour demand. Scenario 3: Collect the liquidity above the four-hour supply order block, the Inducement is in the range of 2653, that means the price will increase and collect the liquidity above the Inducement, and then it will decrease. Scenario 4: The high price of the indusment stabilizes and moves towards the price ceiling, the ceiling is 2685. If the price stabilizes above this area, a structural change or CHOCH will occur and the 4-hour chart will rise again. Scenario 3 is most likely to happen Which scenario do you think is more likely to happen?
OANDA:XAUUSDShort
by mhbaniasadi