The secret to trading is to backtest so many times, you have no fear in the outcome of a live trade.
SMC in play. Price is currently headed towards the 1H POI where a demand zone is resting. This would cause price to change character from bearish to bullish.
Price is overall bearish and there is a supply zone that has not yet been mitigated. In the forceful move downwards, alot of FVGs were created and the market must restructure itself to create a balance. Instead of waiting for market to correct itself, I'm counter-trading this bearish market, going bullish and taking TP at the FVGs, after which I'll join the...
XAU/USD is currently headed for liquidity on the upside because a supply zone failed to break structure. Above this liquidity however lies a 2H POI which could possible change the bullish nature of the market into a bearish one(temporarily at least); possible to fill up the FVG below.
Learning smart money concepts was the best thing i ever did since i started trading. This is a backtest of NZD/USD.
The more i backtest the more i learn! There's so much our eyes must see beyond candlesticks. SMC is a journey i'd advice you embark on. Cheers!