WillemETH010

WillemETH010

XAU/USD is in a big bullish impulse, took an entry after a lower time frame accumulation. Let's see if the uptrend continues or the small imbalance getting filled before the second up move. Or the market shifts and takes me out :)

WillemETH010

During a uptrend the price is moving sideways and we are in a bullish market, we are located in a supply zone but the actual liquidity is above this zone. This could indicate a re-distribution model where lows and highs getting liquidated before a new up move. Will look for buys when the lows have been liquidated and a bullish impulse is following.

WillemETH010

The market will probably liquidate the orange marked lows and fill the imbalance. After this I am expecting a move up with afterwards sideways price action where we can open a buy position!