XAUUSD - Sell (15 min) missed trade

By Socratesinc
Price consolidated then broke to the down side. EMA lines on 15 min eventually crossed. Simply ran our fibs and waited patiently.
We find confluence in that the yellow line is an institutional line and also a S/R area on the 4 hour.
Price was also approaching a 62% short on the 4 hour.
Chart PatternsFibonaccifibsdontlieTechnical Indicatorssocratesinc

Disclaimer