Good Opportunity to Buy XAUUSD in 1 Hr Time Frame

23 de fev. de 2023

XAUUSD

Good Opportunity to Buy XAUUSD.

Multiple Techniques intersect at the same point giving rise to a good opportunity to buy XAUUSD in 1 Hr Time Frame.

Buy: When Price touches any of the following lines (mentioned over the chart)
A. Wash Line
B. Slope Wash Line
C. Frequency Line

SL: 1815

Target: 1840

Note: All the above mentioned is for education purpose only.

23 de fev. de 2023

Trade ativo

Here I am mentioning the techniques.
1. Price making deep reversal at the point of intersection of Newtons Law (Action
and Reaction) and Mathematically derived tool (Pitchfork)
2. Tri-dimensional axis of market manipulation is observed in a single candle at 18:30
PM IST, signifying a reversal towards upside.
3. 5 legs of Elliot Wave completion
4. Second Degree Price divergence wrt RSI

List could be more...

24 de fev. de 2023

Trade ativo

Trade going smoothly so far... Lets see.