tjo6947
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since Mar 21, 2016
chartpattern
trendanalysis
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Here are my projected paths of gold with the ideal buy zone in the rectangle. Was having too much fun and got carried away with the arrows lol
4
Long term candle bounce off of support rectangle. Positive daily momentum. Good risk reward ratio.
4
Looks like a nice long set up as there is major weekly candle support as well as a previous weekly bullish engulfing candle. If it closes below the previous weekly candle wicks on a day candle then will go down to the trend line and decide if it wants to resume the trend or break downwards.
3
If BTC closed above 7700$ on the day candle today 4/12. I think it will go up to 9800$ before resuming bearish trend.
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