Waiting for a pullback on the OTE Level. We also have a sweet 15m OB waiting for being mitigated.
Aiming to get a pullback to mitigating previous Bullish Impulse. Now price gave a BoS, and I am waiting for the mitigation of the OTE.
Expecting price to mitigate the 50% of the previous Bullish Impulse. Now, we had our first Bearish signal, and a Sell Limit is sitting at the OTE Level of the latest impulse. We also have the confluence with a 30m OB+.
Enough Bullish confluences: - Internal Break of Structure - Major Swing High Taken Now waiting on the OTE Level, that also has a OB+
As I was expecting, pullback to the OTE Area. We also have a good OB, and 5m confirmation.
I am still projecting the mitigation of the 50% of the latest Bearish Impulse. Now, I would wait an intra-day Pullback, to the OTE Area. Also, there's a 5 minutes Demand Zone.
Expecting price to continue with the Bearish Order flow, delivering lower prices, after mitigating the OTE Area, and after taking liquidity.
The idea is to mitigate the 4H FVG, and to pullback to the 50% area of the latest Daily Impulse. Now, the price is showing Bullish biases, and setting up a nice entry for Longs
Following the Idea of getting the pullback of the latest impulse. Let's see if we can get Lower Lows
Waiting on a Mitigation on a 30m OB. We also have liquidity resting, that could lead price to rapidly move towards our Sell Limit
I am still waiting the 50% Pullback on the latest Bullish Impulse. Said this, I would disregard the analysis if the Price closes above 174646.
The price did a new Low, hence we have to update the 50% Pullback Area. I am Bullish until that Level.
Dear Esteemed Members, Gold holds record levels, as the price is above its moving averages and the upper Bollinger band, indicating a strong bullish trend and a high volatility. The price could update the previous high in a wave y, and reach $2100 soon. RSI, stochastic, and OBV, to confirm the validity and strength of the trend. Kind Regards, Ely
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