Micro Gold is currently in the middle of the curve. The trend is currently down and we've been selling off for the past few days. Selling at the supply zone and buying back at the 1 hour demand zone that price went into quickly Sunday evening. Price is telling me it will go further down till that zone and then rally up.
EDIT
price is in a 4H demand zone. look to buy!
Micro ES is currently High on the Curve meaning we have an opportunity to sell in high quality supply zones. On the 1 hour time frame we see a strong supply zone, we are looking to sell in the red box. Right now price is retesting the previous supply into demand and will create a bounce to the red supply zone for a sell off until the opposing higher time frame demand zone.
htf demand zone is fresh, strong leg out, not fresh but penetration was less than 25% therefore take a confirmation trade when price comes back to zone. Sell at opposing supply zone before price reaches area
Buy @ first demand zone, low on the curve, while in uptrend.
Close trade at opposing fresh, supply zone, high on the curve.
Entry on 4hr time frame, confirmation entry.
