XAUUSD is currently trading below my 50ema on the 1HR time frame. It has also broken one of my zones with a nice bearish candle.
Price has been creating Lower Lows and Lower highs since 10th october.
There is also no High Impact USD news for tomorrow.
How I will be entering:
I will be waiting for a retest of the current zone where price is.
Upon which I will wait for a nice bearish bodied candle and after that I will enter short.
Price has been creating Lower Lows and Lower highs since 10th october.
There is also no High Impact USD news for tomorrow.
How I will be entering:
I will be waiting for a retest of the current zone where price is.
Upon which I will wait for a nice bearish bodied candle and after that I will enter short.
Order cancelled:
Price did not meet my sell criteria as mentioned above, and broke above zone.
Therefore I did not enter
Therefore I did not enter