XAUUSD: Liquidity sweep major/minor|Long +350 pips
Updated
- Price consolidating at 1820.0 major demand zone.
- As we see price swept the last major low at 1817.0 and started forming lower highs ( building liquidity).
- Also price swept the last low (inducement) at 1820.0 filling the imbalance.
- We may have a big bullish move at least to 1845.0 supply as a first target, 1860.0 order flow second target.
- As we see price swept the last major low at 1817.0 and started forming lower highs ( building liquidity).
- Also price swept the last low (inducement) at 1820.0 filling the imbalance.
- We may have a big bullish move at least to 1845.0 supply as a first target, 1860.0 order flow second target.
Note
- Good 1h closure with a buying pressure after sweeping the last low IDM.Trade active
Trade closed: stop reached
Trade active
- Second entry after a major liquidity sweepTrade closed: target reached
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