The 15min chart paints the picture a little clearer. We're staying out of long trades for now but if you're considering going long the levels on the chart could be ideal entries.
We have a very small double bottom which formed on Friday and could get tested tomorrow at some point. I wouldn't really call where we are right now a H&S, but if it is a messy one then the double bottom test is very likley.
Again, we're just thinking out loud, its not trading advice, only an opinion.
Trade safe everyone.
We have a very small double bottom which formed on Friday and could get tested tomorrow at some point. I wouldn't really call where we are right now a H&S, but if it is a messy one then the double bottom test is very likley.
Again, we're just thinking out loud, its not trading advice, only an opinion.
Trade safe everyone.
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🟡 Disclaimer: Not financial advice. For educational purposes only.
🔴 TWITTER: twitter.com/knightsofgold2
🟢 INSTAGRAM: www.instagram.com/knights_of_gold/
🟡 Disclaimer: Not financial advice. For educational purposes only.