not_radhifauzan

not_radhifauzan

HIGHER TIME FRAME KEY LEVELS TO LOOK OUT

not_radhifauzan

currently on 4h timeframe, the price is at its previous broken resistance structure, which is now become support. we can look for opportunity to buy in these areas, if and only if the price is showing a decreasing momentum to break the support areas. these decreasing momentum can be seen in the smaller timeframe, if the price makes a double bottom, or break...

not_radhifauzan

im using just a simple entry, h4 breakout, wait for pullback and entry

not_radhifauzan

some says long, some says short... but in my cases if you observe the 4h timeframe, you can see it rejects support line 2 times.

not_radhifauzan

why do I confidently confirms gold is going short later? I have three confirmation. 1. On the daily timeframe, they show that the price has reached its previously broken support hence becoming resistance 2. Additionally, the zone resistance zone is a high liquidity zone(SUPPLY) in which the banks have made their pending order in that particular area. 3....

not_radhifauzan

Based on my naked chart analysis, on a daily timeframe, it clearly shows that the price has already touched its previous support or support become resistance and ready to drop down until the last "SnR" that I have marked with circles.

not_radhifauzan

Based on my naked chart analysis, I'm seeing a strong selling momentum in that red zone I've drawn. I see Trendline and resistance levels. Using this 2 information, I confidently going short as soon as the price enter that red area.