XAUUSD Sell idea on lower TF / Idea for bigger run on 4h TF.
Updated
Now on the left side i posted the idea on the sell side as it is right now presented by the market what we have that we could take in this moment. On the other hand when we look 4h chart we can see that big things can happen in a play. First if we see that rejection above (30min) and start selling (same on 4h) we can expect price to break the recent lows where we would put as our first profit targets and then wait and look for next setup because if it breaks it, then it will drop very good for us targeting 2.360-350 but if we see a solid rejection and increase on volume and momentum in the market to the top side, then we can expect great buys coming its way up first until 2.430 and with further confirmation even more above possible for recent new highs, but time for that to manage is enough so we take it slow, step by step. Anything can change rly fast in the market so we must be flexible.
Note
Price has come to our POI sell zone box.Now lets see how will 30m candle close.
Trade active
First candle looks clean, we look further for more downside.Note
So far all things are great, i have booked some profit already, other positions are running.Trade closed manually
It could not give more then 388 in the morning,trade closed since its clearing the liq above.
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