Here is a gold 1H setup I was contemplating but Friday is usually a rest day so not taking it. Lastnight's raid was immediately after great US news. The current rally so far in Asian session just happen to fall short of the resistance marked in the little yellow line. This is usually done on purpose, market priming the bears that to build stop levels above or to keep it tight. Price is not seemingly retracing in the direction of the momentum from NY session. Heading into London I won;t be surprise to see price reached for that double top and snap through to then fill the gap.
I am looking for a short USDCHF off yesterday's nice pin bar daily but playing a retracement if it gives me a good deep fill. Too difficult to play a Friday besides the very small TF. I was looking for a little pull back on USDJPY to long but it was too shallow and kept going up. Meeting a bit of resistance currently.
