Please note, the zone marked in the chart has more probability of being mitigated and being used as a zone which can fuel EURUSD up trend. The main reasons are:- this is the extreme zone in 15M time frame which caused the break of structure to the upside and also while facilitating this, it sweeped the liquidity in the 4H time frame. Therefore, i believe it is a...
Please note, this analysis is based on SMC and is my personal opinion and not a trading signal. Please trade at your own risk! Cheers :)
ENTRY - 0.93146
STOPLOSS - 0.93301 (Adjust it upwards based on the broker spread)
Target - 0.86940
I'll risk 0.5 to 1% on this trade.
Hey all, this analysis is of past data of the order which got closed just now. My complete thought process is mentioned in the chart along with my future trade plans in XAUUSD. Hope you find it helpful and good luck. Trade at your own risk!! :)
Please note, this analysis is based on my personal findings and its not an investment/Trading advise. Everything is mentioned in the chart itself and is self explanatory if you are aware of the smart money concepts. Trade at your own risk!! Good luck!!
