Awesome_pips
my first antry seems to be to early....but still holding it cause my stoploss is still above the resistance level but i added more possition right at this rejections
while waiting for price to break this 3 weeks old resistance,it tend to break and yet close below it,this i wont count as a genuine break...seems more to me as a break out...i will be shorting this pair if price gets back to this resistance again
although we can clearly see the approach as an uptrend price has to take some leftover sells from this zone
while gold seems to be a difficult pair to analyze...right here it seems okay to short at the premium price...give space for stoploss hunters
in support of the trend change price has refused to break the above resistance which is acting as our first premium...after creating a double top on the resistance,price took out liquidity and still yet refused to break this same resistance thereby it acts as a strong sell zone....dont miss it
after summing up liquidity upto the discount zone....market makers are likely to start placing their orders.....in support with divergence when using the awesome oscilator and a support level
when you look clearly to the left it seems price just broke a support but this is the trapfor traders to take a sell when it retest..this is definitely liquidity grab by market makers...reason for a buy bias...first is divergence,second is the support line,thirdly you will notice price has not retested the broken neckline...instead of market execution its best to...