C resistance on 4H TF, I am going long.
Should sell in the next few hours. Will monitor where it retraces to - expecting a 23% retracement and therefor a L/H for "C" retracement / extension. I am anticipating uptrent then by close PM today.
Waiting for C retracement to complete and then looking for a buy opportunity.
XAUUSD - Selling analysis The last three reversals on the 1 H and 4 H TF formed head and shoulders, hence, same now and entered sell position. Some immediate support nearby @ 1755, which I believe will be breached. First target may be 1730 - will trail stop.
I am selling. Target 1 - 1667 Target 2 - 1578 Target 3 - 1451
Waiting for setup on BTCUSD for potential sell. Not there as yet. Waiting to complete Head / Shoulder or CROWN for confirmation, before entering sell position.
I am selling. Target 1 - 1667 Target 2 - 1451