Best Price-Action Strategy to trade XAUUSD and XAGUSD

I knew CPI would come out bad, I will soon update my fundamental thread but I don't really think it's time yet to declare dxy bearish

But the bearish outlook is still visible, and price can still invalidate that move except price holds above 64221.68

I meant technically not been supported by a fundamental, and if the lower highs is not totally taken out price can still fall from that level showing invalidation

Alright. I'll be watching out for this pattern play next on XAUUSD.

That is one of the reason why we get stopped out most of the times, believing on a support level, I rather wait for that reaction than trading a local support because it's a support level, you get stopped out multiple times because those zones are often used as liquidity levels to move price even while numbers, I didn't say support don't work but you have to be sure through reactions

That's a good idea, but don't treat it as a solid pullbacks because there could be invalidation, just wait for reactions around the level

Despite the CPI release, XAUUSD is unable to break above the bearish channel. I'll still be expecting bearish reactions from the 4089 internal resistance region that confluences with the trendline.

I know reactions that will stop me out, and the ones that won't when trading these support region. Most of my trading leans more on experiences than from popular trading knowledge.

Double bottoms are best believed to always be swept. but that's not always the case. Same thing with Local Support levels. Sweeps are no different from fakeouts, and with experience, fakeouts are trading opportunities to be maximized not to be avoided.

LTF sweeps is what stops out most traders, because SMC adopts extremely tight Sls. What real Institutions are not even adopting.

The Crown Strategy helps spots Fakeouts and minimizes chances of having Sls swept when applied correctly. Not all trades demand tight Sls.

BTC- going as expected. Price intends to fully break above the high 64800 at today's daily close. Still watching.

Did you catch the buys?

Price didn't get to my entry even on CPI release

Price has broken out from that range but it has broken with a full body candle, so i'm still neutral about it