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McNificent
Aug 22, 2019 12:19 AM

1 Hour XAUUSD 

Gold / U.S. DollarFOREX.com

Description



If you look at the previous candle from current price which is a sell. you will notice how it broke through to a bearish candle and retraced back from the support line that bearish wick was a fake out based on the length size of the wick. It then went into a bullish mode and then broke though and retraced back from the resistance line. The Bullish wick shows a certain amount of struggle that isnt the same as the Bearish wick which doest put it in a fakeout category, but just didnt manage to keep at a consistent buy. So the market hasnt decide where it wants to go into so I will be watching until I see a correct break through and decide on my entry.
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