Sorry about previous post, i posted it again not b'cus of im holing sell trade or not.
I posted to make things clearer from my Point Of View in this Market.
- 1PX Horizontal Line: Is my 1Hr SNR
- 2Px Horizontal Line: Is my 4Hr SNR
In 1Hr Timeframe, price break thru Trendline.
Im expecting Market to touch down to 4Hr support before we go Buy (& it...
This is what im seeing right now.
A heavy Sell for XAUUSD now or 8.30PM (Singapore Time).
Core Retail Sales News forecast lesser thn prev.
I use, 4HTF Horizontal Line / Daily TF Horizontal Line / Weekly TF Horizontal Line.
Im new here in Trading, correct me if im wrong please.
Thank you in adv!
My POV: H4 is at Overbought.
1PX Horintal Ray: Is my Weekly SNR (Plot using Line Chart).
2PX Horizontal Line: Is my Monthly SNR (Plot using Line chart).
RSI: Period 10.
You may use the Pivots S1/S2/S3 as your TP too!!
All the best traders :)