Seeing the GOLD moving bullish after a retracement
Seeing the GOLD moving bullish after a retracement
AUDUSD holding a long position . [ b]Indicators [/b ] Multiple test at the support line Change of character I.e up trend Strong candle stick formation Note : the first entry point is at the orange circle indicated on the chart but we will wait for a rejection as indicated which will serve as our second entry level
Traders don't like this going on for a long time , if you agree with me kindly signify
A strong liquidity sweep right there . Wait for a buy opportunity , can't get into the moving market
Break in the consolidation, remember the wyckoff accumulation stage is over
Breaking the previous down trend or previous resistance line becoming support
There are 3 Major resistance Key Level on a weekly TF , 1. @ 16768.4 2. @ 15956.3 3. @ 16123.5. On the 3rd MRKL (Major Resistant Key Level ) , following the price action methodology , we see a loose in momentum for buyers in the market @16123.5 , causing it to have longer wicks and shorter bodies