Gold can do a Liquidity purge around 1847-1847.5 so I am thinking to start Selling from 1846.1 and 1847 and 1847.5
GBPCAD BUY Zones - 1.62039 / 1.62023 or if fall below these levels then our next Demand zone and Buy levels are: 1.62021 / 1.62000
Gold can pullback to 1817 / 1818 / 1820 / 1824 before dropping to 1809 and even further to 1806 / 1805 / 1800 / 1798
Gold can pullback to 1817 / 1818 / 1820 / 1824 before dropping to 1809 and even further to 1806 / 1805 / 1800 / 1798
we had a nice live session on Friday 24.02 and took some buys and sells, but I wanted to talk about my last two trades and based on what I took them.
GBPUSD enetered the demand zone so I am using this educational video to show how to use the Demand on higher timeframe to scalp on lower timeframe.
Short video as intro to add the SMC by Milad Hamid indicator and how to change some settings.
TMA is a wonderful indicator to trade when the market is flat and ranging so "Sell" when the price hit top bands, and "Buy" when hit down bands. But when the market is trending, then we trade with the trend, and use the TMA to trade the pullbacks.
CADCHF Triangle Pattern Potential SELL If price Break @ 0.7428 and head downside good opportunity to short it.
The major trend is Downside in US30 So we are waiting for price to come to the top bands in M15 chart (30400 can be zone to SELL the US30) Good example of trading based on pullback strategy with TMA Reversal Channel Indicator.
Potential SELL - AUDUSD Break Triangle Pattern H1 break @0.6939 on retest of the bottom trendline and if price failed to go up the entry point can be 0.6930
This is a short video about how to add the "TMA Reversal Channel by Milad Hamid v1.2" indicator on your tradingview chart.