Gold, XAUUSD yesterday Daily close candle was a pin bar with an inside bar formation on a weekly timeframe which could be the trend continuation pattern!
That's was the confluence from the multi-timeframe idea.
Going down to the 1H chart we can see that the previous Rally Base Rally(RBR) demand base zone+ volume cluster from the Volume profile area has taken out and acts as a support and the market rejected the pin bar formation which indicates that the Buyers trend didn't die yet!
We can buy after the rejection and formation of the HL Price Area
Entry would be around 1835
target around 1875 1878
SL will be at 1826.50
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
We help all the traders who r not profitable and who had to face lots of problems with their financial statement and income.
We know cause we were there at some point!
That's was the confluence from the multi-timeframe idea.
Going down to the 1H chart we can see that the previous Rally Base Rally(RBR) demand base zone+ volume cluster from the Volume profile area has taken out and acts as a support and the market rejected the pin bar formation which indicates that the Buyers trend didn't die yet!
We can buy after the rejection and formation of the HL Price Area
Entry would be around 1835
target around 1875 1878
SL will be at 1826.50
As I m just started using the trading view so u r likes, give a tip n follow will improve the next step
thanks to all
We help all the traders who r not profitable and who had to face lots of problems with their financial statement and income.
We know cause we were there at some point!
