Perfect example of 2-candle rejection from a 4h FVG!
First candle failed to push price higher and failed to show FVG's forming on the 5 or 15m timeframe.
Price can be seen making a perfect liquidity line on the 5m. and now price broke the structure with a double 5m FVG out of the 4h FVG.
This trade is pure class as there is 0 resistance against the trade.
Yet, protecting a trade like this is key in a month where the volume is not up to standards
First candle failed to push price higher and failed to show FVG's forming on the 5 or 15m timeframe.
Price can be seen making a perfect liquidity line on the 5m. and now price broke the structure with a double 5m FVG out of the 4h FVG.
This trade is pure class as there is 0 resistance against the trade.
Yet, protecting a trade like this is key in a month where the volume is not up to standards
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Gold has been bullish over the past 5 trading days! With the possible rate cuts coming in on the 11th of September, gold will keep on pushing higher!
In Asia, gold made a correction, falling straight into the daily and 4h FVG!
Price gave us a good 15m fvg out of this zone and so we capitalized on it with now both our TP's smashed!
Higher confirmation
Daily +4h
Lowever confirmation
15m
No resistance anymore as 1h has been taken out!
Lets go for hattrick
In Asia, gold made a correction, falling straight into the daily and 4h FVG!
Price gave us a good 15m fvg out of this zone and so we capitalized on it with now both our TP's smashed!
Higher confirmation
Daily +4h
Lowever confirmation
15m
No resistance anymore as 1h has been taken out!
Lets go for hattrick
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ElevatingFX - Analyses
Video
This is honestly what I expect to be happening! Ideally directly seeing a 5m FVG coming out of the 1h FVG.
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hey guys, been a long time again! Will try to post some more analysis here!
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Media is too big
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CASE: NRR (Non Resitance Run)
Good example of a NRR trade done on the 20th of October
Good example of a NRR trade done on the 20th of October
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Gold showing signs of consolidation. This can specially been seen on the lower timeframes.
In these scenarios its best to wait until one of the highs or lows is officially being runned. This can be seen by new FVG'S being created above it.
For now its best to wait!
In these scenarios its best to wait until one of the highs or lows is officially being runned. This can be seen by new FVG'S being created above it.
For now its best to wait!
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