XAUUSD
1. There was clean clean candles to the left
2. was waiting for a candle close above the resistance in 30m TF as its a strong confirmation
3. took a buy when the new 30m candle broke the high of the previous 30m candle.
4. but price moved down and closed 50% when the 5m candle closed bearish and full position as price continues retacing.
5. Looking back at the chart, the 1hr did not close above the resistance.
1. There was clean clean candles to the left
2. was waiting for a candle close above the resistance in 30m TF as its a strong confirmation
3. took a buy when the new 30m candle broke the high of the previous 30m candle.
4. but price moved down and closed 50% when the 5m candle closed bearish and full position as price continues retacing.
5. Looking back at the chart, the 1hr did not close above the resistance.