Above chart was 23/08/2021 - 27/08/2021.
This type of similar structure will most likely happen on next week. (25/10/2021 - 29/10/2021).
-------------------------------------------------------------------------------------------------------------------------------
High and low of the week.
Typical structure SELL SELL * BUY BUY, anatomy of a candle.
See how price will behave:
1. High and low & round number 55, 00
2. Monday & Wednesday beware of HIGHLOW/PEAK (see Daily structure)
-Monday only trade align with Weekly Bias
-Wednesday either reversal/continuation will happen.
3. Beware of timing factor, max 3hrs to move, else cut loss (not necessarily)
4. Always pending order for entry
5. XAUUSD always moves 50-100pips, XAUEUR 25-50pips in box
6. Entry candle always pinbar to stophunt, engulf to lock the H/L or RAILROAD
7. Correlate opportunity might available at XAUEUR
8. SL don't too tight, let some for breath
This type of similar structure will most likely happen on next week. (25/10/2021 - 29/10/2021).
-------------------------------------------------------------------------------------------------------------------------------
High and low of the week.
Typical structure SELL SELL * BUY BUY, anatomy of a candle.
See how price will behave:
1. High and low & round number 55, 00
2. Monday & Wednesday beware of HIGHLOW/PEAK (see Daily structure)
-Monday only trade align with Weekly Bias
-Wednesday either reversal/continuation will happen.
3. Beware of timing factor, max 3hrs to move, else cut loss (not necessarily)
4. Always pending order for entry
5. XAUUSD always moves 50-100pips, XAUEUR 25-50pips in box
6. Entry candle always pinbar to stophunt, engulf to lock the H/L or RAILROAD
7. Correlate opportunity might available at XAUEUR
8. SL don't too tight, let some for breath
Note
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.