Gold Analysis, May 11, 2022
Diupdate
1827-1820 H4 nested in D1 demand
1807-1781 W1 demand maybe not good base because it have more than 6 candles in the base.
1797.70 - 1781.24 D1 nested in W1 demand maybe a reaction of other demand then should consider bases involving.
There are 2 hanging man Day candles then are the sign of continue downtrend.
1807-1781 W1 demand maybe not good base because it have more than 6 candles in the base.
1797.70 - 1781.24 D1 nested in W1 demand maybe a reaction of other demand then should consider bases involving.
There are 2 hanging man Day candles then are the sign of continue downtrend.
Catatan
# before price breakout H4 (1854-1845) D1 (1870-1845) coinciding demand, it sideways for 2 weeks that is the sign of breakout. And more this demand is not fresh then there are high possibility to be engulfed that we already know then focus on sell setup trade.
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