It's been long since my last post. I stay away from the market the last 4 days because i got no proper setup to trade. Also there are a lot of fundamentals issue so it was quite dangerous to take a trade.
For today i am gonna trade lightly with XAUSD. I got bored and try looking at lower timeframe for a trade setup. Incidentally i found an opportunity on XAUUSD. Price rally yesterday for 250 pips and today we saw a retracement.
I tried counting the wave and i found that we are going to see some upside movement because we are just finished with 3rd wave. It stop exactly at 161.8% fibonacci retracement.