XAUUSD just hit the POI target recently and created a market structre break on the 15min.
Exactly what we were looking for. and got in at a short position.
See you at lower prices.
XAUUSD
Next move for XAUSD is likely to go up a bit and retrace.
We capitalize on this while waiting for another plunge down.
There is still a posibility that it will go down one more time
taking tons of liquidity in the market before going up -watch out for that if it happens.
I invite you to comment and share your thoughts on this.
This is a high probability setup on
SP500 E-mini Futures (ES)
The market trend is still bearish and this big green candle printed just recently on the hourly
will be an inducement for bullish traders to take long positions which will be trapped
and will be purged by the market and then take another plunge down.