Gold had an inside day yesterday in a very tight consolidation. In this hourly chart, it's clearly that there will be a harmonic patterns and S/D zones combination trade whichever way it breaks. That did make some sense to better interpret the inside day.
After all, inside bar trading in consolidation is kinda a high risk / low reward trade, won't be willing to trade both side as it will hit one of the combination before 1st kick. While, in an day-trade perspective, the direction it breaks still matters.(but not worth trading directly)
Accordingly, my conclusion is that I'll still pay attention in the direction it breaks today, but find a intra-day low risk set-up to follow the direction; Once it hit one of the combination trade, turn into the consolidation mode to look for reversal sign.
Let's see how it goes!
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tried some long on this inside hour after inside day breakout let's see how it goes!
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1209.5 hitting, Flip long to short and see how it goes yo!
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got the 1st kick on the 1209.5 short @ 1206 yo
Trail the others!
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Nice harmonic patterns and supply zone combination!!