TanglyTag

TanglyTag

Waiting to see if price comes down to test this level before entering. Confluences: HTF Uptrend, Trend line break, HH's formed on LTF, Liquidity grabbed from area of support

TanglyTag

-Price moving in the direction initially analyised. -Will enter a long trade as demonstrated if the next candle closes as an engulfing *MUST AWAIT CLOSURE OF CANDLE* 3:1 RR 1% Risk

TanglyTag

-Projection was right in terms of the push down to grab liquidity before pushing up. -Awaiting break above this level and a retest before looking for entries. -Will be targeting minimum of 2:1 RR

TanglyTag

IDEA: I believe price is going to come down to grab liquidity on the LTF and then make a large spike to the upside, potentially breaking the wedge pattern formed.

TanglyTag

I see two scenarios happening on this pair; Price is going to retest here and bounce upwards continuing this giant uptrend Price is going to come back below this zone and enter a mini trading range before either falling a bit more and then gathering more orders to continue the uptrend. Quite clear uptrend so my bias is towards my second point, will await a...

TanglyTag

Idea for XAU USD

TanglyTag Updated 

Support & Resistance XAU USD Idea - Please give feedback always looking to improve and learn from others!