PositronXY

INDUCEMENT + LIQUIDITY GOLD

TVC:GOLD   CFDs on Gold (US$ / OZ)
For market to move, it needs liquidity in terms of supply and demand as well as sell/buy stops.

When market is in your POI, ask yourself the following:
  • LOOK LEFT, Has price taken liquidity ON THE WAY TO POI?
  • LOOK NOW, Has price GENERATED liquidity ON THE WAY TO POI?
  • LOOK LEFT+NOW, Has price GENERATED liquidity BOTH?

  1. If YES = Price will respect DEMAND/SUPPLY ZONE
  2. If NO = Price will MOVE FURTHER to Lows or Highs for liquidity

  • If YES = Price will MOVE FURTHER to SWEEP liquidity + RESPECT into DEMAND/SUPPLY
  • If NO = Price will MOVE FURTHER to Lows or Highs for liquidity

  • If YES = Price will SWEEP + respect DEMAND/SUPPLY ZONE
  • If NO = Price will MOVE FURTHER to Lows or Highs for liquidity


In terms of PULLBACK:
> If Price Sweeps liquidity then = DEEP PULLBACK at DEEP POI
>If Price not sweeps liquidity then = ONLY TO CLOSE POI BULLPACK


kind regards

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.