XAUUSD SMR MODEL
next week to be bearish after a SMR model
confluences
-M15 OF POI show the transfer of money to the new IFC
-wednesday asian session 4 STDV (standard deviations) and thursday 1 STDV exits align our entry
-H1 market place refine to : M15 OF (order flow) TOM(transfer of money), IFC +OB +imb ALL align to the asian session STDV as entry
short GBPjpy after the formation of the next flag, it has higher probability but remember that there's another possibility drawn it doesn't matter what type of corrective is formed only know that the market must touch the drawn line and break
GBPJPY has a very high probability for a buy setup after the formation of a large pennant,
currently in a weekly chart, a flag is formed which adds up the probability more,
the market will break points forming corrections to the 90% rule
a breakout has occurred and there must be a correction after the breakout so we expect a correction before it makes a move downwards
the correction may be a small flag, a scope or a pullback to near the breakout point
XAUUSD long setup
the formation of the scope with a double bottom increase the probability for a long set up,
now a flag has formed and a breakout from the flag has increased the probability using the multi touch formation....
perezbills@gmail.com thank you
