Ababai wrote: Fri Jan 24, 2025 10:16 pm Hello everyone. Tell me. Would it be right to enter the sale here? I need your comment.

Budhi1976’s advice is spot-on and perfect for beginners. With more experience, you can try these kinds of setups. Here’s a good example: we had the same situation on XAUUSD and GBPUSD. I ended up going long on XAUUSD but went short on GBPUSD. My choice was based on how important the ZigZag (the second, i’m using the one from version v65m. ) is you absolutely have to consider it. Does it make a lower low? A higher high? Are those highs or lows confirmed by the next point being lower or higher than the previous one?

In the example on XAUUSD, we first see that the price is ranging, so you really need to be careful with your entries in this type of situation. Then, we want to wait for the ZigZag to show us the direction. In this case, we clearly see the breakout to the upside, which must be confirmed by a higher low (either second dots or mini). On GBPUSD, we see the opposite: a second dot is broken by the ZigZag, showing the price’s intention to go down. Again, we wait for confirmation with a lower high. Understanding market structure is really important, no matter the strategy. I recommend watching some videos on this topic or reading the PDF available in Xard’s versions. (Don’t mind my Windows Paint skills! )

Keep in mind that it’s always best to follow the higher timeframe trend, but I think these examples can still help you in other situations.