Inital consensus as posted earlier was XAUUSD will retest and price will fall short, however price did not follow my entry requirements so I did not enter the short position.
Now price has broken the previous resistance zone and is consolidating sideways above it.
How I will be entering: - I will be waiting for a candlestick that wicks down to the current zone that it just broke which will indicate a retest and rejection of that zone. - I will then wait for a nice bodied bullish candle to confirm the upwards move and will enter at the close of that candle.
Order cancelled
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After the wicked candles I didn't get a full bodied bullish candle instead price broke through zone. Did not enter