Am just from watching Mike Maloney's video on Youtube where he is talking about the pan and handle pattern when you have time you should check it out. -- I love trading and learning about gold and silver because silver was the first asset i learnt how to buy before i became a forex trading expert -- Have you heard of the Rocket booster strategy? its a very simple beginners way of understanding techinical analysis: Here is the rocket booster strategy: --
Price has to be above the 50 EMA
Price has to be above the 200 EMA
The 50 EMA should cross above the 200 EMA
-- This coffee am drinking has given me a boost to write this article for you to learn more check the resources below. -- Also notice that the DMI below this chart is green? that means this asset price is in an uptrend and the crowd knows about it -- When you see this imagine a big crowd rushing to buy Gold. -- Rocket boost this content to learn more. --
Disclaimer: this is not financial advice take this warning you will lose money trading learn risk management and trade safely.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.