Best Price-Action Strategy to trade XAUUSD and XAGUSD

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@asuquokelvin - 6 hours ago
Quoted - nsg_usd

Is the sells scalps or day trade?

Full trade that is if price breaks below the London lows which is below 4093.704

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@asuquokelvin - 5 hours ago
Quoted - nsg_usd

Okay. Let's watch. But i doubt the sells will hold from that region.

I didn't say the sells will hold I said that if it holds above that London high I will buy but breaking below London lows I will sell

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@nsg_usd - 5 hours ago
Quoted - asuquokelvin

BTC really need some balance to push higher because it can't just go up like that, if it must go up then it must first violate that low and give that pattern

yeah it needs some balance. But the zone it is currently at stands a chance of giving it the balance it needs to push further to the upside.

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@nsg_usd - 5 hours ago
Quoted - asuquokelvin

BTC really need some balance to push higher because it can't just go up like that, if it must go up then it must first violate that low and give that pattern

If this current BTC 4hr candle closes bullish, that will confirm the strength of the bulls to drive price up from that support zone.

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@asuquokelvin - 5 hours ago
Quoted - nsg_usd

yeah it needs some balance. But the zone it is currently at stands a chance of giving it the balance it needs to push further to the upside.

There is one thing I know and want to share that double bottom can be a liquidity sweep level most times of there is no engineering liquidity

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@nsg_usd - 5 hours ago
Quoted - asuquokelvin

I didn't say the sells will hold I said that if it holds above that London high I will buy but breaking below London lows I will sell

Alright. No problem. I'll expect the next minor sell reactions at the 4135-4140 price region. But if price crushes through it, then a rebound of that zone will present an entry for the buy continuations.

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@asuquokelvin - 5 hours ago
Quoted - nsg_usd

If this current BTC 4hr candle closes bullish, that will confirm the strength of the bulls to drive price up from that support zone.

Price is in a significant level but with mold support, I anticipate a buy but the trend is yet to convince me on that

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@nsg_usd - 5 hours ago
Quoted - asuquokelvin

There is one thing I know and want to share that double bottom can be a liquidity sweep level most times of there is no engineering liquidity

well. Like you said, "most times" that means not all the times. so let's see if this will be one of those times. i'm not doubting the sweep, i'll just watch out for the candle closures around the zone.

G
@godspowerdan - 4 hours ago
Quoted - nsg_usd

Yeah. your'e right.I'm following it up on 1hr

This is cool. Structure is king when it comes to technical analysis

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@nsg_usd - 4 hours ago
Quoted - godspowerdan

From this chart BTC is still bearish. It has a higher low which has created a lower low

On the Daily Chart, BTC is still at the early bullish trend formation stage. The Trend is not solid yet. But one can still take advantage of the buys on Lowertime frame.

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@nsg_usd - 4 hours ago
Quoted - godspowerdan

This is the high I'm talking about

Yeah. i did put that high into consideration too. still expecting price to push for a break of that high, just maybe not today.

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@nsg_usd - 4 hours ago
Quoted - godspowerdan

Price is still bearish though except price takes out the strong high that started the selling move

It's currently reacting at that high. but not strongly. I'll watch out if the currently 1hr will close above it or not.

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