gilwardhana

Trap for retail trader begin

Short
FOREXCOM:XAUUSD   Gold Spot / U.S. Dollar
Price at 61.8% daily fibo. Retail entry sell at this price. Market maker will push price above H4 resistance price to take liquidity. Triggers buy pending order and execute stoploss for seller. After all liquidity being taken, price will drop down to H4 liquidity area. Wait H4 candle to close below H4 resistance then make entry.

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