XAUUSD - What Information Can Be Gleaned From these Time Frames?
Hi devoted followers! ; ) What information can be gleaned from the time frames shown in this chart? I will post the chart again below because TradingView's platform will likely scrunch up this chart. I'll give all of you about an hour to tell me what you can glean from these time frames based on what I've been teaching the past several months.
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By the way, the time frames shown are the 6h, 12h, 24h and 2-Day.
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QUESTIONS:
What time frames are in a race?
What time frames tell us what will likely LOSE the race and WHY?
What time frames are in a race?
What time frames tell us what will likely LOSE the race and WHY?
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Another QUESTION:
We KNOW the price action is currently falling. Meaning, we are currently in downward pressure. The PURPOSE of each race is to determine WHEN this downward pressure may come to a close and reverse to upward pressure.
We KNOW the price action is currently falling. Meaning, we are currently in downward pressure. The PURPOSE of each race is to determine WHEN this downward pressure may come to a close and reverse to upward pressure.
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I'm going to catch up on some news and eat over the next hour. I'll follow up with a Re-Cap Video after that; as well as a new video publication for BTCUSD.
