GOLD IDEA
hi guys , been a while since i posted , just been focusing with clients
well price has touched into a monthly level i was expecting price to decline from but its not that simple , we need some form of confirmation
waiting for the daily close to then give me an idea for what the rest of the week can look like - we can only trade what structure the markets give us and in the long run we will win
never trade what you think , trade the direction the markets go in regardless of fake outs which come every so often but thats usually just a correction into a HTF range which you can backtest so when u see price go from LL to HH OR HH TO LL , go to the higher timeframe to the timeframe your looking at and identify where it came to and you will stop being fakeout out
price is universal , we have the advantage to look at timeframes to look at micro and macro structure
If we close below the blue line then we have targets and we would need a close below these targets for us to target the next ones , the red lines simply suggest where price can find a problem and maybe stop it from going to the next target and you would need to pay attention to the lower timeframes in this case
well price has touched into a monthly level i was expecting price to decline from but its not that simple , we need some form of confirmation
waiting for the daily close to then give me an idea for what the rest of the week can look like - we can only trade what structure the markets give us and in the long run we will win
never trade what you think , trade the direction the markets go in regardless of fake outs which come every so often but thats usually just a correction into a HTF range which you can backtest so when u see price go from LL to HH OR HH TO LL , go to the higher timeframe to the timeframe your looking at and identify where it came to and you will stop being fakeout out
price is universal , we have the advantage to look at timeframes to look at micro and macro structure
If we close below the blue line then we have targets and we would need a close below these targets for us to target the next ones , the red lines simply suggest where price can find a problem and maybe stop it from going to the next target and you would need to pay attention to the lower timeframes in this case
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.