Weekly XAUUSD analysis, 15-19 July.
Updated
- The price mitigated the extreme demand of the INT structure and did bullish CHoCH.
Now the price is ready to target the weak INT high.
D:
- INT structure is bullish, aligned with swing, now we can go long very comfortably.
- We can wait for the price to return to these POIs in the extreme range, below the EQ, and get involved with confirmations.
4H:
- The price hasn't reached the EQ yet.
-We can wait until it gets down to play longs.
- Price could continue bullish from this POI as a FLIP zone.
-We can wait to be sure of the direction before getting involved.
15M:
Now the price is ready to target the weak INT high.
D:
- INT structure is bullish, aligned with swing, now we can go long very comfortably.
- We can wait for the price to return to these POIs in the extreme range, below the EQ, and get involved with confirmations.
4H:
- The price hasn't reached the EQ yet.
-We can wait until it gets down to play longs.
- Price could continue bullish from this POI as a FLIP zone.
-We can wait to be sure of the direction before getting involved.
15M:
Note
Exactly according to analysis..
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