The h4 demand zone on my last gold post (
) did not work out very well. Thats why it is so important to wait for price action. Sometimes a demand or supply zone do not work out because the institutions have no limit orders left or they limit orders are at the next supply/demand zone.
We can see here a relative strong daily demand zone because of the inside bar pattern and the strong move outside the zone.
Waiting now for price action to confirm a long entry.
If you can take advantage of my analysis please leave a like.
Thanks for reading,
stibo 🥦
We can see here a relative strong daily demand zone because of the inside bar pattern and the strong move outside the zone.
Waiting now for price action to confirm a long entry.
If you can take advantage of my analysis please leave a like.
Thanks for reading,
stibo 🥦
Comment:
Entry confirmed
Trade active