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XAUUSD Buys Then Sell
Based on what I see, I see a price to make a push up then drop at the 30min banker candle level.
Previous short setup I had where price had drop at 1946 was marked up last week Wednesday before any CPI reports came out as I trade more based on what I see in terms of price and what the candle pattern is saying. No one is 100% accurate but at least the setup I had for that 1946 sell was a clean snipper entry level.
When price had drop to 2001-2002, I had expected it to make a pullback to 2022. With this I see in the 30 min TF a bullish flag which give me the confidence in my analysis that price would make a pullback to somewhere at 2034 then continuing the bear move. I am targeting lower for my overall analysis but for this analysis my main take profit/ target area is 1989.
2034 to 1989 is about 450 pips drop.
Previous short setup I had where price had drop at 1946 was marked up last week Wednesday before any CPI reports came out as I trade more based on what I see in terms of price and what the candle pattern is saying. No one is 100% accurate but at least the setup I had for that 1946 sell was a clean snipper entry level.
When price had drop to 2001-2002, I had expected it to make a pullback to 2022. With this I see in the 30 min TF a bullish flag which give me the confidence in my analysis that price would make a pullback to somewhere at 2034 then continuing the bear move. I am targeting lower for my overall analysis but for this analysis my main take profit/ target area is 1989.
2034 to 1989 is about 450 pips drop.
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