Here is my analysis on XAUUSD for next week's price action.
Price action so far has shown its willingness to trade upwards and hence I had to look for the closest price delivery array that price would likely be drawn to.
On my chart you can see a green box i highlighted between the low of a daily candle and the high of another daily candle, in between those two...
The price rallied up after the New York Midnight Open. Supposedly to take out buystops and right after the new york opening session 7:00 UTC - 4, i saw a fair value gap on the H1 chart.
A FVG coupled with liquidity grap of the upside formed for sell setup for the time being.
The trading idea are the concepts of ICT and my personal studies.
I'm still studying...
Here's my idea on the afternoon trade for EUROUSD.
I was watching expecting a down day earlier in the morning but i needed to watch out for evident highs to be taken out during the new york session.
I got one just before 8:30 new york time.
This trading idea is based on the original ideas of ICT and my personal studies.
What do you think guys?
