Buying AU Following HTF bullish trend
Updated
We saw a trend change on HTF and daily supply failed, so we wanted more confirmation to switch to buys, and its always visible on HTF
4H
as we see, a big up move and we are yet to mitigate HTF supply, so we for sure not looking to take shorts for now
15m
now as we seeing price struggle to go lower and take out the lows and only seeing HH and HL its time to read whats on LTF
5m
everything is mitigated on 5m, so no need for price to go lower (unless it needs more liquidity, or we see major news out)
1m entry
as we see, price is inducing sellers on that HTF weak supply, initiating mini supply chain on 1m JUST TO BUILD LIQUIDITY and then SWEEP IT
will update it as it moves.. lets see
4H
as we see, a big up move and we are yet to mitigate HTF supply, so we for sure not looking to take shorts for now
15m
now as we seeing price struggle to go lower and take out the lows and only seeing HH and HL its time to read whats on LTF
5m
everything is mitigated on 5m, so no need for price to go lower (unless it needs more liquidity, or we see major news out)
1m entry
as we see, price is inducing sellers on that HTF weak supply, initiating mini supply chain on 1m JUST TO BUILD LIQUIDITY and then SWEEP IT
will update it as it moves.. lets see
Trade closed: target reached
TP hit! for 15r no partialsits so hard not to take partials but luckily price didn't retrace back and push me to close some, it just shot up haha
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