My entry is an area I noticed areas of liquidity after retracement price action should reach to my area of entry in order for the sell to activate reaching my TP1 and TP2 area to close up the imbalance
Just had to modify the conviction area as price has moved from my zone where my 23.60% area is where I plan to enter for a buy if price doesn't continue to go for a sell past my 0.00% area. TP 1 would be in my 78.60% zone.
A potential Buy Idea waiting for price action to make a retest in my conviction zone around my 23.60% 13.60% area then we can make a market execution or Buy Limit in then my 78.60 area would be my TP 1
Following from my last trade I posted it went to a sell and went even lower, for The moment I'm currently in a buy. My TP1 is at my 50% and its almost reached but, it has gone for a retest before it reaches that area again and probably breaks through for more buys.
I Lokked on to the daily chart to get a betterview of the Gold market then scoped back to the 4 hour chart until I marked up on my 1 hour chart. I have placed Buy limit and sell limit entries around my 13.60 23.60 for buy limits amd a 78.60 88.60 for my sell limits. They are my conviction zones for where the market will close into for its supply and demand....