Poi
GOLD (XAUUSD) 1DHi there,
Over here i got the Bulish Bat pattern on daily TF so you can found the buying Opportunity, and also here is POI on D1 TF From 1677 to 1715 as i mentions in the chart, And also from here the 0.886 (88.6%) level of fibonacci retracement, The Last thing is that it is a strong support also.
Note: this is not a financial advice thank you
STEP 3) WAIT to see Price RETEST of HTF''s POI on Counter-Trend It is an established fact that price usually makes a RETEST to the protected Demand or Supply zone regarded as Institutional Order Flow (IOF).
So it is critical for every price action trader to WAIT for a Return to Order (RTO) . But this doesn't mean that price must hit the POI at all times.
They are others factors that may like to cause price reaction off the Demand or Supply zone. These factors include: Imbalance, Hidden Base,
Inducements, e.t.c.
EUR JPY ALMOST THERE!!eur jpy is getting close to my Point of interest and I see a good buying opportunity coming but keep in mind before you buy you need a confirmation on the lower timeframes
I'm not a financial advisor but if you have any questions please let me know in the comments and a follow and like would be appreciated
XAUUSD gold will grab bull liquidity!Xaausd (gold) made a trap as seen in my recent post and its back in the POINT of interest so I will be looking for shorts I think it will hit the breakeven from the shorts that got in early at the top its not much liquidity but its something and after that, it will make the move down, in the worst-case scenario we will get above the POI and then get down even harder so keep your eyes open on gold