Idea for myself to refer back to. This is not trading advice. Length of time is an estimate based off previous blue bull run to the top of the support.
*Buy $205/$240
*Target $344
*SL $181
*not trading or financial advice
*Buy $205/$240
*Target $344
*SL $181
*not trading or financial advice
Comment:
This seems more likely for a timeframe from the bounce to top of the golden wedge 1.618. Trend angle matches previous!
This seems more likely for a timeframe from the bounce to top of the golden wedge 1.618. Trend angle matches previous!
Here's further analysis of a gold wedge we are currently in. Breakout out above our PT1 has the potential to take us to the top of this wedge and nearly $500 by early-mid 2020 if it has a similar trend angle.