XAUUSD - Sell (15 min) missed trade
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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.