Gold - correction movement finished - buy on 1H
market price is in down trend/correction movement since couple of days and has build a triangle pattern in short term.
After a breakout from this triangle the market closed above the pattern which is bullish indicator. We expect up movement to at least take profit 1.
Take profit 2 is only active after breakout from pointed down trend line.
Indicator Analyse
- market price reached down side of bollinger bands and bollinger bands stopped down movement which is bullish indicator
-RSI baseline started up movement again which is bullish indicator, need to break the down trend line for further market price up movement.
After a breakout from this triangle the market closed above the pattern which is bullish indicator. We expect up movement to at least take profit 1.
Take profit 2 is only active after breakout from pointed down trend line.
Indicator Analyse
- market price reached down side of bollinger bands and bollinger bands stopped down movement which is bullish indicator
-RSI baseline started up movement again which is bullish indicator, need to break the down trend line for further market price up movement.
Trade ativo
Nota
tp 1 reachedNota
TP2 will be reached within next 20 hoursTrade fechado: objetivo atingido
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.