There are multiple confluence on GU longs in this scenario ... Classic butterfly harmonic pattern , AB=CD equal Legs ,SMC liquidity concepts
We have two daily POIs for possible buy opportunities . We are going to monitor price data in Lower Time frames to look out for entries .... Sadly i might not be able to post refined entry charts due to ground rules with respect to timeframes
We have a clear H2 break in structure , and a pull back , looking at the pullback into two POIs for a refined LWTF entry
.AUDUSD maybe coming to the end of the fall with a completing BUTTERFLY
Proper 161 butterfly completed with an all inclusive Three drives pattern , lets goooooooo !!
#GOLG H1 CASE STUDY ; GOLD shifted from bearish Order flow to a bullish OF , paying attention to structure , price is nicely in bullish structure here , mitigating previous highs , looking for entries at the break of the counter trendline and a push into new highs .
Gold broke out of the long awaited Descending channel and broke market structure ( a high in downtrend) which signifies a shift order flow . we are looking at picking out an entry at the bullish Hidden Order block and hopefully ride on the back of the bulls
Bullish BAT and EW 5th for a corrective wave , entry at a 15 mins OB .
Price after a good bearish push for weeks now comes into a classic HnS with a trendline break and retest, i look to pick out an entry at bullish HoB.
Price is completing an ALT BAT harmonic pattern and a fifth impluse wave for ABC correction with a Classic AB=CD pattern
Possible Bear Flag, Three drives Harmonic pattern ,Counter Trendline break and retest , Heads and shoulders pattern also in play .