Or / Dollar AméricainMis à jour XAUUSD backtest
Its a Buy.
Awaiting till pullback area.
For 1H trade, enter ONLY after 15 minutes bullish engulfing
For 15 scalp, enter either based on 5 minutes momentum shift or bullish engulfing.
NO FOMO and anticipate the market move around the pullback area.
Keep tight stops as mentioned.
Again why is it a Buy ?
Week level TF - Its at the previous HL.
Day level - Yesterday made close above the previous bearish candle.
4H & 1H - Price action - The exhaustion phase is getting engulfed bullish ( after a push phase around the buyer area with this current 4H close in 20 minutes )
Right time to go long and high probability for wick fill.
And as usual, don't go long if it breaks the HL/ stops.
Awaiting till pullback area.
For 1H trade, enter ONLY after 15 minutes bullish engulfing
For 15 scalp, enter either based on 5 minutes momentum shift or bullish engulfing.
NO FOMO and anticipate the market move around the pullback area.
Keep tight stops as mentioned.
Again why is it a Buy ?
Week level TF - Its at the previous HL.
Day level - Yesterday made close above the previous bearish candle.
4H & 1H - Price action - The exhaustion phase is getting engulfed bullish ( after a push phase around the buyer area with this current 4H close in 20 minutes )
Right time to go long and high probability for wick fill.
And as usual, don't go long if it breaks the HL/ stops.
Note
We need to factor in the 4H pull back area for addl. increase in odds as well.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.