Wait for the market to take out the buyside liquidity, before taking out the sellside liquidity.
Gold is bullish, we will wait for the market to test the key zone, make a liquidity sweep, before we enter for long.
Good day traders, CADCHF is approaching a key level for the 3rd touch, we will wait for the liquidity sweep before entering for short position to the down side. Trade safe. Always apply risk management.
This is what a bullish trend looks like. The first pullback after a break of structure is called inducement.
Gold is now forming a bullish pattern,(higher high and higher low). We are expecting to buy Gold from next week.
After sweeping the previous low, Gold is about to reverse to the upside to make a lower high before making a lower low
