HoMo-53

a short term idea

HoMo-53 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
I think the green area is a good choice for long position and the red area for short position with a buy stop or sell stop order.
clearly this is not a financial advice.
Trade closed: target reached:
if load new bars, you can see that the first bar was covered my idea !!
Analysis was on 18 oct 13:00 (at the time of analysis this bar was red and colsed green). the next bar (18 oct 17:00) covered the green area.
Comment:
let me have your comments for improvement or your confirmation by boosting my idea.
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