gold the downward up move

25 ביולי 2021

This is the 4h timeframe where as you can see price is tagging the trendline and pushing up again and again with closing all above the trend line ..now move to a lower timeframe which i don't usually do but there's something interesting this time, unlike what everyone is saying , the gap is not filled yet even if only 3 pips is left ..the gap must be filled because in those 3 pips exists hundreds of orders that did not get filed
so bottom line is when market open you can take a sell with tp at 95 and sl at 1810 then wait till a 4h candle closes above 93 and go long with a tiny sl at 1787 and tp at 1855.

2 באוג׳ 2021

הערה

our position on gold were perfect the first the sell was active and our tp was hit at 95 then the buy limit got activated at 93 and moved to 1832 bringing a total of 500 pips in 2 trades.