Jharvix

Jharvix

due to the war between russia and ukraine , there have been inflation in gold . But with ceasefire from russia on ukraine tgold dropped to fill some gaps and will go long, according to my analysis

Jharvix

With the aid of the Wyckoff schematics, i able to deduce it next potential move.

Jharvix

With the aid of the Wyckoff schematics, i was able to predict it potential move,... To the up side for a while before it changes trend to the down side.

Jharvix

Looking @ the chart it seem the double bottom and top formed an area of equal low = liquidity so i believe the EQH above will be taken out before the EQL below to fillup the imbalance left. And that why my entry is @ the untested OB above. but if the EQL are taken out first then we"ll be look for entry for long position

Jharvix

On my chart, i see the change of character, then a break of structure. So we wait for price to tap out 1h timeframe supply zone.

Jharvix Updated 

According to my analysis, with the help of the Wyckoff schematics, i deduced the area of accumulation and detected it next direction, which is long to an area of imbalance

Jharvix

According to my analysis, with the help of the Wyckoff schematics, i deduced the area of accumulation and detected it next direction, which is long to an area of imbalance

Jharvix

Currently XAUUSD, expenting it to get to the 0.786 fibonacci retracement point for entries

Jharvix

GOLD WILL STILL SELL, we just have to wait for the 30 min volume candle to be mitigated, tap of the supply zone , break of structure to the down side, a retracement to another supply zone for confirmation

Jharvix

Awaiting a break of the previous higher low, then tap on the 30m SZ. Wait for the change of character, be looking for entry to sell