After careful analysis, I hold the bias that XAU will approach the uptrend. There is a massive imbalance (FVG) and price will always return to fill the imbalances. I expect the price to hit the OB zone before it spikes to the upside.
XAU is on a downtrend and it has filled all imbalances on its way down. After hitting the Order block, we can see a strong rejection from that zone. I expect a retest of that zone before a powerful move to the upside. Remember to breakeven.
XAU is on a downtrend and it has filled all imbalances on its way down. After hitting the Order block, we can see a strong rejection from that zone. I expect a retest of that zone before a powerful move to the upside. Remember to breakeven.
BTC drops down to fill the Imbalances, I expect it to taste liquidity before it moons. whichever way, if the price action respects the order block after the imbalance we long buy the token. if it sold lower than that, then we might have to stay out of the trade. remember to wait for your confirmation candles, before entering. cheers!
Price has bounced off every time it hits the resistance zone, forcing the candlestick to form a lower high. I expect the pull back to take out the FVGs in the area and the order block before making a major move to the resistance zone again.
We have the pair forming a rising wedge or a bullish wedge. I will be taking my position after the breakout. My personal bias is a sell.
Well, on the lower timeframe, there are Order blocks and fair Value Gaps that I expect the price to fill before continuing the uptrend. We have our POI at the resistance zone, which I expect price movement to takeout. I also take note of the RSI and search out for divergence when making this analysis.
The triple top has been broken, the Fair Value Gap has been tasted, we go long!!