Gold will fall again after a small upward movement
Instrument: [XAUUSD]
Time Frame: H4 Chart
Observations:
1. A Strong choch was identified after several BOSes
2. That Choch changed the direction of trend from up side to down.
3. Fair Value Gape was also Observed at the place where ChOch formed
4. Gold is going up to fill the fair value gape and it will get instant reversal from P.O.I
Trading Strategy:
In this trade Our Risk Reward Ratio will be (1:5)
Right Now We put Buy Entries Upto 2735
Strong Selling Zone will be 2735_2740
little above the P.O.I will be our S.L= 2755
the Previous L.L will be our Take Profit= 2642
Time Frame: H4 Chart
Observations:
1. A Strong choch was identified after several BOSes
2. That Choch changed the direction of trend from up side to down.
3. Fair Value Gape was also Observed at the place where ChOch formed
4. Gold is going up to fill the fair value gape and it will get instant reversal from P.O.I
Trading Strategy:
In this trade Our Risk Reward Ratio will be (1:5)
Right Now We put Buy Entries Upto 2735
Strong Selling Zone will be 2735_2740
little above the P.O.I will be our S.L= 2755
the Previous L.L will be our Take Profit= 2642
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