This is a trade example of the XAUD USD chart, as you can see, we determined a very strong move made by
a bank or a financial institution.in technical analysis we call the beginning of this move, a demand zone
when the market retests this zone, prices will get rejected and the market will go strongly up again.
so all what we need to do is to draw the zone correctly and wait for a confirmation pattern to form and
confirm our entry , in this case an engulfing bar pattern formed to indicate that when price retest
the demand zone,buyers becomes more powerful that sellers,in other words, buyers enfguled sellers.
so this is an indication that the market will go up from this level.
Don't overcomplicate your trading,master your strategy and set and forget, don't stay in front of your screens when you take your trade, because you will be connected emotionally to your trade, and you can make stupid
If you want to learn more, i highly recommend you to get your copy of my ebook, if you are interested click on the link in bio or send me a private message.