XAUUSD Shorts from Supply After News
https://www.tradingview.com/x/sZJFYN9i/
I'm looking for shorts around 2655 after the news release. Price has recently taken out the nearest demand zones and could be looking to drop to a lower area of demand around 2600. If news comes out lower than expectations (bad for USD) price could hit the 2665 area before falling. Waiting for strong selling or a liquidity sweep near a high before I enter.
I'm looking for shorts around 2655 after the news release. Price has recently taken out the nearest demand zones and could be looking to drop to a lower area of demand around 2600. If news comes out lower than expectations (bad for USD) price could hit the 2665 area before falling. Waiting for strong selling or a liquidity sweep near a high before I enter.
Commentaire
This idea did not take into consideration the news of Iran's preparations for a strike at Israel. Will be waiting to see the reaction at the HTF supply. If Iran launches missiles we will probably see another ATH. Commentaire
Shorts out of the HTF supply are looking nice. Hoping for a re-test into the supply for an entry short. Looking for a retracement into the 2660 to 2665 area. 
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