15 - 19/11/2021 XAUUSD Re-analyse

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COMMENTARY
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What to improve.

1. Number #1 the most important is highs & lows daily weekly
Eg.
PREVIOUS WEEK, 2 week straight BULLISH
THIS WEEK, 3rd week probably will do the retracement of the month
MONDAY, TUESDAY, WED - Maybe will BULLISH to 1875-80 level
WEDNESDAY, THURSDAY, FRI - BEARISH to 1860-40 level

2. Use Fibonacci 61, 78

3. TP guide
75-100pips if trades open >1 session
>100pips always occurred within 1 session spike
See Highs Lows, depends on liquid pool

4. Scale up the same week
-If the week if up by >5, risk more on high probability trades, 1-3% per trade
-See daily weekly chart , if previous day offer
a) Engulf, Pinbar , Railroad
b) LOW/HOW
c) Explosive move on real direction, then trade align with the pullback/retracement