AndriyMoraru

Symmetrical Triangle on Gold @ D1

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
There is a symmetrical triangle on the daily chart of Gold CFD. It offers an upside breakout opportunity. The triangle's borders are shown using the yellow lines. My potential entry level is the cyan line. My potential take-profit level is the green line. I will use the low of the triangle's base as my stop-loss level (1535.89).

You can find useful tools to detect, build, and trade chart patterns - all completely free on www.earnforex.com.
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.