Channel Breakout ! A serious lookout for GOLD rally.
Assalamualaikum and hye.
Looks like we tend to change our perspective as GOLD already broke the channel in H4 perspective. As my own view , I favor this Leading Diagonal pattern strongly.. as its perfectly rejects at 50% fibo level. This confirms the Leading Diagonal Pattern to be a start for Gold rally.
Our strategy :
1) Buy stop @ confirmation level marked
2) SL below the invalidation level
3) Pretarget @ 161.8 fibo
Good luck !
*Comment and tell me what you think ! Cheers !
Looks like we tend to change our perspective as GOLD already broke the channel in H4 perspective. As my own view , I favor this Leading Diagonal pattern strongly.. as its perfectly rejects at 50% fibo level. This confirms the Leading Diagonal Pattern to be a start for Gold rally.
Our strategy :
1) Buy stop @ confirmation level marked
2) SL below the invalidation level
3) Pretarget @ 161.8 fibo
Good luck !
*Comment and tell me what you think ! Cheers !
İşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.