Long
RANDGOLD : ANATOMY OF PRICES

Prices experienced a fake breakout followed by a flush which took out most traders that have longed on 25.09.2013.
A break above 73 will push price toward ML and oscillate within the confines of the blue channel
Caveats:
1) downsloping fibo 0.618
2) triangular trap
A break above 73 will push price toward ML and oscillate within the confines of the blue channel
Caveats:
1) downsloping fibo 0.618
2) triangular trap
Disclaimer
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.
Disclaimer
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.