XAUUSD What comes up must come down
Hi everyone!
price now approaching demand zone around the 1960 area (could be slightly higher). I believe price will drop after this level.
I will look out for rejection and momentum candles with lower timeframes to ensure i get the best entry.
Other confirmations will include:
RSI
EMA'S ( Rejection from a EMA will further support this analysis).
News (Do not enter around this time).
If price rejects i predict it will then travel down to the next supply zone and we will re- analyse from there! 300+ pips to be made
price now approaching demand zone around the 1960 area (could be slightly higher). I believe price will drop after this level.
I will look out for rejection and momentum candles with lower timeframes to ensure i get the best entry.
Other confirmations will include:
RSI
EMA'S ( Rejection from a EMA will further support this analysis).
News (Do not enter around this time).
If price rejects i predict it will then travel down to the next supply zone and we will re- analyse from there! 300+ pips to be made
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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.