Trend: Strong bullish market structure with sustained higher highs and higher lows.
Institutional Footprint: Price reacted cleanly from a bullish order block (OB), followed by an impulsive move.
Re-Accumulation: A clear range formed, suggesting accumulation before continuation.
Continuation Pattern: Price advanced within a well-defined ascending channel, confirming trend strength.
Current Location: Price has broken above the channel into higher-timeframe resistance, where a bearish OB / supply zone is present.
Expectation:
Short-term: Possible liquidity grab ($$$) below recent lows before a directional move.
Risk: Rejection from resistance may trigger a corrective pullback toward demand.
Bias:
Intraday: Cautious / corrective.
Structural: Bullish while price holds above prior demand.
Institutional Footprint: Price reacted cleanly from a bullish order block (OB), followed by an impulsive move.
Re-Accumulation: A clear range formed, suggesting accumulation before continuation.
Continuation Pattern: Price advanced within a well-defined ascending channel, confirming trend strength.
Current Location: Price has broken above the channel into higher-timeframe resistance, where a bearish OB / supply zone is present.
Expectation:
Short-term: Possible liquidity grab ($$$) below recent lows before a directional move.
Risk: Rejection from resistance may trigger a corrective pullback toward demand.
Bias:
Intraday: Cautious / corrective.
Structural: Bullish while price holds above prior demand.
Trade active
Trade closed: target reached
XAUUSD successfully reached my target and continued moving strongly in my direction, delivering over 2,000 pips.
📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.