XAUUSD
Here are three different time frames and their targets.
Current Price - 1950
M15 - Bearish 1945
H1 - Bearish 1926
H4 - Bullish 1986
It means price is gonna fluctuate between 1926 and 1986. So i have setup pending orders at Target prices because target prices are always nice point of rebound. I think cycle is complete at target price so that's why it is nice point of rebound.
Lets see what happen?
Here are three different time frames and their targets.
Current Price - 1950
M15 - Bearish 1945
H1 - Bearish 1926
H4 - Bullish 1986
It means price is gonna fluctuate between 1926 and 1986. So i have setup pending orders at Target prices because target prices are always nice point of rebound. I think cycle is complete at target price so that's why it is nice point of rebound.
Lets see what happen?
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