XAUUSD H1 Caution!!
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H4 We have bull hidden divergence therefore we should be seeing an impulse up breaking the top but H1 price action not showing this.
H1 We have bullish divergence with price just breaking the wave A low and a TL break. Price action looking choppy so I suspect were at the start of a H4 B wave so it will be quite unpredictable to trade and I suspect a lot of choppy movement. There's a number of ways this could play out at this stage, we could see a running or expanding flat or a much more complex structure.
M15 there was a small correction after the TL break to buy and if you took that you should be at BE, I'll be waiting for more predictable price action before I consider adding longs.
D1 Have We Reached A Top! Idea, check it out to get up to get up to speed on my D1 analysis.
W1 Long Term Outlook, checkout the idea to see the big picture thanks.
Good luck and trade safe!
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H1 We have bullish divergence with price just breaking the wave A low and a TL break. Price action looking choppy so I suspect were at the start of a H4 B wave so it will be quite unpredictable to trade and I suspect a lot of choppy movement. There's a number of ways this could play out at this stage, we could see a running or expanding flat or a much more complex structure.
M15 there was a small correction after the TL break to buy and if you took that you should be at BE, I'll be waiting for more predictable price action before I consider adding longs.
D1 Have We Reached A Top! Idea, check it out to get up to get up to speed on my D1 analysis.
W1 Long Term Outlook, checkout the idea to see the big picture thanks.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis, You seen these counts and analysis here first!
Thank's to all the traders in advance that hit the thumbs for your support!
Nota
H4 Internal C Wave Down (H1 Chart), checkout the latest idea to get up to speed thanks.
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