Gold has been very bullish, leaving tons of liquidity behind.
Price always retrace before continuing to move.
I don't ever call the tops nor bottoms. But I pay attention to market structure. If there's a shift in structure, I look for possible entries.
I noticed a structure change on the 1hr, so I'm looking entries at the retracement of the supply zone created on last friday.
High Risk trade, as it's against the overall momentum
Like & comment for more ideas
Follow if appreciate the breakdowns.
Price always retrace before continuing to move.
I don't ever call the tops nor bottoms. But I pay attention to market structure. If there's a shift in structure, I look for possible entries.
I noticed a structure change on the 1hr, so I'm looking entries at the retracement of the supply zone created on last friday.
High Risk trade, as it's against the overall momentum
Like & comment for more ideas
Follow if appreciate the breakdowns.
Comment:
RRR is almost a 3:1 if triggered
Order cancelled:
Price nevr retraced to AOI before creating new new Lower Low. Making the trade Nulled and void