Presented is my sentiment on trade entry points off key supports and resistance within current top/bottom channel.
In August we matched the previous high and went into a down trend. I attached my fundamental post which ultimately explains the drop.
Currently we are trading in a channel between the high of 19600.000 and low of 1765.000
Presented on the chart are entry points within the channel that can yield immediate profits. A break out this channel would require new levels to be mapped out. I advise only placing trades at these levels that I specified on the chart.
The arrows represent potential direction off support/resistance play outs
Again my previous gold post is fundamental and attached to this post. Please comment with any thoughts and ideas. Thank you!
In August we matched the previous high and went into a down trend. I attached my fundamental post which ultimately explains the drop.
Currently we are trading in a channel between the high of 19600.000 and low of 1765.000
Presented on the chart are entry points within the channel that can yield immediate profits. A break out this channel would require new levels to be mapped out. I advise only placing trades at these levels that I specified on the chart.
The arrows represent potential direction off support/resistance play outs
Again my previous gold post is fundamental and attached to this post. Please comment with any thoughts and ideas. Thank you!
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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.
Related publications
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.