I dropped a video explanation earlier on this idea from top to bottom and very simplified to understand. pls follow and share
Commento:
after aday and few hours price just got into one of our high probability Sell zone
price just spiked up and touched 1722.5 which is our high probability selling zone.
start getting ready to short XAUUSD. If price pulls up a bit and fails to take out 1722 or forms a Lower high below 1722 price point, then thats one of the TREND confirmation ON small time frame
Trade attivo:
50pips in profit from the marked sell zone
Commento:
110pips in profit
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price just spiked up and touched 1722.5 which is our high probability selling zone.
start getting ready to short XAUUSD. If price pulls up a bit and fails to take out 1722 or forms a Lower high below 1722 price point, then thats one of the TREND confirmation ON small time frame