Sphinx_Trading

XAUUSD: Perfect order flow with a short opportunity +600 pips

Short
Sphinx_Trading Mis à jour   
OANDA:XAUUSD   Or / Dollar Américain
- Take a deep look at this range on the charts..
- After breaking the structure Price started forming a Perfect order flow making lower highs and equals lows at 1930.0 level.
- Daily bearish engulfing closure after grabbing the last high liquidity (inducement) and making a fully retest at supply zone 1960.0.
- We may have a bullish move to 1960.0 for a full retest and then price may drop down to 1900.0 major demand zone.
Commentaire:
- Strong bullish move to 1960.0 supply zone after Initial jobless claims news.
Commentaire:
- Price reached 1960.0 supply zone.
- Waiting for a 4h closure.
Commentaire:
- 4H closure below 1960.0.
- 4H openening with a strong bullish move.
* No Confirmation yet..
Commentaire:
- As you can see on the charts price did not break the last low at 1940.0 levels,
so price may sweep the last high liquidity (Inducement) at 1970.0 levels.
Commentaire:
- Price swept the last high liquidity with 4h closure long wick (bearish pressure)
Trade fermée: cible de profit atteinte

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