Gold Will Be On Roller Coaster To Slide Soon
Instrument: [XAUUSD]
Time Frame: H4 Chart
Observations:
1. A Strong coach was identified after several BOSes
2. That Coach changed the direction of trend from up side to down.
3. Trend has given give respect to P.O.I getting instant reversal with morning star candle Means P.O.I is working as a strong Resistance Zone for the trend
4. Big Fair Value gap was observed at the place of CHOCH
Trading Strategy:
In this trade Our Risk Reward Ratio will be (1:3)
little above the Order Block will be our S.L.
Little below the Previous L.L will be our Take Profit but we have Broken Take Profits in two parts that are mentioned their on chart
Time Frame: H4 Chart
Observations:
1. A Strong coach was identified after several BOSes
2. That Coach changed the direction of trend from up side to down.
3. Trend has given give respect to P.O.I getting instant reversal with morning star candle Means P.O.I is working as a strong Resistance Zone for the trend
4. Big Fair Value gap was observed at the place of CHOCH
Trading Strategy:
In this trade Our Risk Reward Ratio will be (1:3)
little above the Order Block will be our S.L.
Little below the Previous L.L will be our Take Profit but we have Broken Take Profits in two parts that are mentioned their on chart
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