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platinum_growth
Feb 12, 2020 11:21 PM

Gold daily in AUD- Rising wedge. 

Gold/AUDOANDA

Description

According to Bulkowski- 60% probability of downward breakout, 40% of upward breakout.
As for downward breakout for a falling wedge, one of the worst performers, with 72% probability prices will retest breakout point (throwback).
As for upward breakouts for falling wedges, far more likely to be fruitful with far better performance, according to Bulkowski.
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