beautiful head and soulders on the daily, waiting for price to break support area then i will be looking for the pull back or retracement to jump in but as of now i putting alarms for when price breaks btc iv been calling it out since last year about proce going back down to 20k area there is money sitting down there and also theres imbalance that has to get...
so gold has been holding on on sells good had an alarm get triggered so hopefully tomorrow or tonight we might see price do I more push to the downside to my point of interest area will be leaving pending orders and holding long, i am and will use the same down candle for entries and stop loss on the 4hr time frame
on btc i do believe price will continue down to arouonf 19k, only because of imbalabce area and also there is alot of money sitting at the bottom around 20k, also looks like it might be doing a head and shoulders pattern formation, if not i did mark up an area of point of interest for entries using the swing high and swing low, usinf the fib tool to find my order...
going to be waiting on gold this week to trigger me in, i only use the higher time frames since i dont have time on my hands to be glued to the charts, but so far 6 different trades have gone in my favor just leaving them marked up and up and patiently waiting all 6 were winners I am proud of my self getting ready to start taking a FTMO been marking up and...
so wasnt able to break higher high. it mitigate the last up candle and started to drop.. might wait on this 1 and see if price comes back into the consolidation area i have marked. to mitigate that last down candle and i will have pending orders there.
as predicted yesterday price is still pushing up, im targeting previous high this will take a couple more days, if i see any break in structure i will post for sells but till then Xauusd is doing pretty good in been bullish moving kinda slow but wht can we do but be patient :)
so i saw the break of structure on gold sunday, when the market opened that was a good time for sell in the market, did find a order block wewre price was going to mitigate, was tested twice, and respected now price haas bounced back up mid way i am expecting gold to continue up and make a new higher high, been working off of break of structure and bankers candle...
quick consolidation area that happend, price broke to bottom to stop out couple investors, this is what i call signature move price breaks 1 way then retraces the opposite direction, then will come back inside consolidation "range" to mitigate its last down/up candle before taking off again.