Sir_6ix

Sir_6ix

On a higher time frame im inclined to wait for the market to reverse down to its change in state of delivery. On a lower time frame im given more confluence as there is a buy side imbalance and an unmitigated Order block that justifies that the long will hold

Sir_6ix

with the higher timeframe showing what i deem a reversal in the overall bearish market, i am reaching my fib 50%. im willing to go short in that area as it has a clear unmitigated OB. EU could go higher though, jusk keep a close eye on it

Sir_6ix

Trade Idea: Shorting XAU/USD Timeframe: 1H Approach idea: the market has shown the will to go bearish as it has touched the 4h timeframe POI. bearish momentum has been confirmed three times