Xau/usd higher timeframe to lower timeframe
Xau/usd higher timeframe to lower timeframe
- This idea is based on educational purposes
Detailed analysis for higher time frame to lower time frame
Market currently at 2639.72 and in higher time frame 2621 is a rejected point more then 6 times
so when we move to lowest time frame things are more clearly and we see that market is moving in uptrend so we have to move and trade within trend
if market move and touched 2642 to 2645.00 area we will entered in buy trade and our first target would be 2650.00 then 2660 onwards
if market break the region which are selected and move downward we will take our first take profit at 2621.00 again it was crucial point but if it went again this point we will see the next move at 2605.00
Like and Comments on our Analysis
- This idea is based on educational purposes
Detailed analysis for higher time frame to lower time frame
Market currently at 2639.72 and in higher time frame 2621 is a rejected point more then 6 times
so when we move to lowest time frame things are more clearly and we see that market is moving in uptrend so we have to move and trade within trend
if market move and touched 2642 to 2645.00 area we will entered in buy trade and our first target would be 2650.00 then 2660 onwards
if market break the region which are selected and move downward we will take our first take profit at 2621.00 again it was crucial point but if it went again this point we will see the next move at 2605.00
Like and Comments on our Analysis
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