mannfx88

Gold EURO Session Forecast - 6 Mar 2024

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CITYINDEX:XAUUSD   Ouro/Dólar Americano
Confluences for LONG position.
*H4 significant BOS chart pattern kept on printed LHLHHH.
*H4 has formed a new CM Buy (FA) as Cs pattern Doji.
* All Time Highs from swing low 15 Feb 24.
* Focus PB Buy at RBS zone or LS CM H4.Instant CL once BBS LS.
* H4 CP bullish Pennant has BOS Hi as confluence the market trend bullish rally.

Confluences for SHORT position.
* Price has reached at high liquidity zone nearly close to 04 Dec 2023 high and forming a Tweezer top CP.
* Cs CM H4 has formed Doji pattern as an early signal for setup reversal sell.
* High risk to hold long sell cause liquidity to the upside still remains.
* Scalping Sell with a small lot size at LTF intraday key level with confirmation Cs pattern.
Exp:- Doji / Harami Solid Sell/DE/HNS/Solid Engulf/ BE type 1 & type 2.
* Awaiting low momentum Cs H4 / D1 Buy (LA) or CM H4 Sell (FA) to eliminate the buying power.
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