Gold Analysis with Triple TF for a Day Trading

Hi guys, this is my first analysis for publishing my idea to other traders.

The weekly candle was Bullish, even though I went for Short
The daily candle was Bearish as for Friday, other days were Bullish

I analyzed using Top-Down from H4 to H1, and Entry TF is M15.

H4: I find Trend using Triple EMA (9, 20, 50). Price was above 50 EMA, but the price also held at support @ 9EMA. RSI was overbought (68,80), another confirmation that looks for SHORT, Stochastic was Bearish as well. I use ADX just to check whether has a Trend or Ranging, ADX was 50, which means Uptrend was going.

H1: ADX was 25.677, still Uptrending, Price was going slowly under the 50EMA in that meantime 9EMA was crossed over 20EMA another Bearish confirmation
I found the Head & Shoulders Pattern, I waited to break the neckline. RSI was 47.75, Stochastic was Bearish Crossover as well, MACD was Bearish, the histogram was Big Red.

M15: for Entry and Exit, I use Pivot Points. Entry was @ Pivot Points & TP was @ Pivot Points S1

Let's discuss my fails and we could learn from it. Cheers!