XAUUSD SHORT - 15:1 R/R

26 Sep 2023

Aggressive Break of Structure followed by a 5 minute Fair Value Gap retracement + multiple previous retests back to FVG which continue to respect the imbalance. Once price retraced back to the 5 minute FVG there was a rejection which then created a second FVG. Price traded back up into the new FVG respecting the imbalance as both candles closed within. Seeking Sell-side Liquidity with take profits at previous areas of support (liquidity).