Hello fams...so am back with another setup so am definitely bearish for the week if you can see the drawn boxes thats a 1hr Fvg + BB so what am expecting price to do is to retrace into the fvg. now price may retrace into any of the fvg but i will only take a trade only when my criteria is met which will be on the 5min tf
Hello back with another update on gold price has made a significant break giving me a bearish bias if you notice so boxes drawn is a 4hr FVG and a 45min FVG if price gets to any of those boxes i will be looking for short on the 5min tf after my criteria has been met
todays news was high had a loss and win 3:1rr the news have made a mess on price but i have a clearly liqiuidity drawn buyside side liquidity if price get there i should look for shorting the market downward to clear some lows but i will do it with confirmation my bias is still bearish
Yesterday idea played out well... i trade only on my sessions thats why i would love price to consolidate a bit before reaching my 45min FVG on my trading sessions once price reaches there i will trade short on the 5min if my entry criteria is met...if met i still call on short
my bias's bearish for the week on gold you will notice a box thats a 45min FVG and its on discount lvl so am waiting for price to come to that FVG or Box then i can trade price on the 5min once it shows me my entry...and if you watch closes there's a line which acts as a drawn on liquidity which means price is like to get there so i call for short
my analysis shows a long term buy...the box you see is a monthly FVG and in that monthly there is a weekly FVG and all FVG are on a discount arrays so if price where to get the FVG'S i call for along long term uptrend from there
my bias is bearish on gold for the week and price has made a significant break which i like to see every week to attain my bias...here you would see a box thats a 45min FVG so what i would want price to do is come to any of the of boxes as long as it has give me an entry formation and shows my pattern to trade i will go short on the 5min TF
my bias is bearish on gold for the week and price has made a significant break which i like to see every week to attain my bias the first box below price its a 4hr FVG and second box its a 1hr FVG so what i would want price to do is come to any of the of boxes as long as it has give me an entry formation price can trade into the second once i see price in any of...
Now market has been affecting the market by news lately so the market is trying to adjust...my thought process on gold right now I have my daily poi above which price has just taped into now i have marked up my supply zone on the daily poi but also waiting for confirmation for that supply zone to be valid if price should do a choch below that's a confirmation...
Price i now o my area of supply sl ia tight jus 10pips to 15pips entry at 1.06895 sl 1.07000 tp down to the demanc area
price tap into my poi ch has occurred waiting for a pull then potential short to the down side
prize heading to high probability supply zone liquidity bellow supply zone once price get there a long term short you can wait for confirmation on the 1 min tf for coch then short on that poi Entry at 1.21315 stop loss at 1.21496 tp1 1.19819 tp2 1.18831 total RR 12:1