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Nakedchartanalysis

XAUUSD : WE BACK TO 1800following a flash crash early this week on Monday morning The price of gold has been on an upward trend for quite some time now. Gold is now headed back to 1800 after breaking through resistance at 1752. Any rejection at 1800 on a daily timeframe could provide an opportunity to short the position at least to 1770 - 1752. My trading strategy isn't intended to be used as a signal service. It's a process of gaining knowledge of market structure and improving my trading abilities. happy trading to all
OANDA:XAUUSDShort
by mytw0cents
AUDNZD - Price Inefficiencies Overlooked...As AUDNZD started to put a whooping on me, I then started doing my top down analysis (Ironically after having entered a knee-jerk short). Poor planning on my part and I see that I should have been long all along. A beautiful inverse head/shoulders with a nice compressed move back to the Quasimodo. It was interesting to note the fractal QM at the accumulation area along with the interesting RSI display. Seeing that compressed, wedge-like move back, along with the clearly divergent RSI, it was quite a nice set up and a beautiful example of neutralization of sell-side liquidity and the indomitable propensity of price to bring efficiency along with it. Hats off to price! The shaded areas were price inefficiency areas derived from the h4/h1/m15. The blue verticals are delineating NY midnight opening price (a bit of ICT). Thanks for stopping in.
by tradesetups