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Disliked16-04-2024 GOLD {image} Nice pattern but possible, as the day appears to be bulls in control, I see price may move towards 2365 (collect all SL's from others) and move back north towards WR1 2415 - 2420. The week range is already completed too. Need to observe the PA a lot now. {image} Why price is holding at the 61.8 fibo? because of the previous day high, current daily open line, 50% fibo level is there too, price is above DPP and WPP, 2385 nice round number level. {image} Looking at the H1 TF above, next target may be DR1 level 2405-2410? {image}...Ignored
DislikedOn M1, nice bulls entering into the market? {image} I took the trade, just one 0.01 lot. {image} Why I took it? because, look at the fibo level, 61.8% hit multiple times. Now the price is hitting it for the 4th time, also 2390 level. Also, the demand zones needs to be tested too. {image} Possibility as shown above. {image} M5 possibility Keep in mind which is highly important: News and Session timings. {image} LO is currently active. What happened in LO session? sameway might continue or may get exhausted. Wait and watch the P. {image} The pattern...Ignored