hello traders,
great sentiment on gold.
bearish flag pattern formation that you see on this chart is a perfect opportunity to follow up trend.
after each bullish wave occuring on markets on a daily bases it is essential for the market to be in correction afterwards.
on gold, market is continuing establishing new highs so bullish flag in a great example of trend following pattern.
buying signal for us is a bullish breakout of flag's resistance.
stop always goes below lowest point of flag.
target is based on length of flag pole
great sentiment on gold.
bearish flag pattern formation that you see on this chart is a perfect opportunity to follow up trend.
after each bullish wave occuring on markets on a daily bases it is essential for the market to be in correction afterwards.
on gold, market is continuing establishing new highs so bullish flag in a great example of trend following pattern.
buying signal for us is a bullish breakout of flag's resistance.
stop always goes below lowest point of flag.
target is based on length of flag pole
Комментарий:
Attempt to go lower
Комментарий:
back to the channel
Комментарий:
Still in the channel
Комментарий:
attempt to break
Комментарий:
market is going up
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