FIb on the Wick - Pt 3
I wish I could post a screenshot of my running trade here.
Once again I'm showing this concept here, it's been a while now I've been catching trades on gold drawing my zones and watching those big wicks, entry on 50% of the wick.
I can only say that once you backtest something and take trades practicing that same thing, you get more confident with the time.
Gold is amazing for tracing areas of demand and supply, premium and discounted prices and it always leave big wicks, then you take the opportunity to seize a good trade
Once again I'm showing this concept here, it's been a while now I've been catching trades on gold drawing my zones and watching those big wicks, entry on 50% of the wick.
I can only say that once you backtest something and take trades practicing that same thing, you get more confident with the time.
Gold is amazing for tracing areas of demand and supply, premium and discounted prices and it always leave big wicks, then you take the opportunity to seize a good trade
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