Had to switched up a little bit and I will explain
Bullish Perspective:
-This is what I see at the moment as long as Xauusd stays above 1643.921 i will be in long with a tight sl either a 15 min candle closes under I will cut but then I will also try another buy at 1636.879 with a 15/30 min candle close underneath but will have to keep an eye on 1643.921 as a resistance but if we do manage to get back above 1643.921 move your sl
-1643.921 is a .236 lvl on my Fib on the 2 week consolidation candle - (What is this .236 lvl) - .236 on my fib level is either used for a bounce zone or used as a resistance zone -The reason it is in yellow on my chart is because it might not be as strong as my .236 on 1636.879 which is a monthly consolidation candle (big time frame the better)
TP for long: 1680.500
Bearish Perspective: -We lose the 2 week consolidation lvl of the .236 which is 1643.921 falls down to the monthly consolidation lvl of the .236 at 1636.879 either use that for a small bounce back to 1643.921 (2 week IB) use as a rejection and come back down and break 1636.879 and use that as a resistance
Tp for shorts: 1609.179 - 1606.171
Neutral Zone: Can either scalp some calls or puts but dont hold anything for too long cause this is a chop zone and anything can happen -If it does chop in between 1636.939 and 1643.921 and you want to play it safe then wait for either .236 lvls to break to the up or down side
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.