XAUUSD Stop hunt filter setup

6 de jan. de 2023

Gold approaches a vital point where the hedge funds tend to get retail the traders on the wrong side of the market by breaking the highs or lows (high in this case) and then move price back into the structure to complete their agenda. In falcon strategy, we have a way to filter such scenerios. A high or a low is consider broken only if a correction comes above or below as the case may be, however, we wait for price to move back into the structure, give us a clear correction to signal a continuation then we enter the trader as shown on the two diagrams.