Im pretty new to trading so please express your opinion if you disagree. This is my idea for gold until we see a breakout on either side of the triangle. a bearish breakout would mean a fall to the previous monthly support line at 1.8000. For a bullish breakout id be expecting to reach the 1.9000 levels. any constructive criticism is welcome and please leave a...
expecting a break in uptrend to short around 90 pips to the blue line, in my hopes of forming an M pattern. entering around 121,200 with a TP of 120.00. it has respected the trendline on the 19-20th of February so I expect it to do the same, if not take your losses early around 121.600. enter under the simple moving average of 50 for a lower risk ratio.