confluence of harmonic patterns around good structure.
but will it hold and start going long? dont forget market just started coming down from a confluence of about 4 patterns too. check my gold analysis and you will see it on daily chart.
what do we do? look at the action line and watch for break and close below or above then go for a short term either long or short.
good entry
good risk management
good luck
Comments
chrystael
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The next level is never precised cause you csnt tell what the market will do in real life or real world and be sobsure about it.
Rather from the analysis on the chat, should it break and close below it means the resistance held then it is like to trend downward to so you go short term.
If the other way round then the resistance could not hold but you will enter after the resistance turns support anf stil for a short tern trade whether long or short that is whether buy or sell signals go short term which means aim for small movement and profit
Rather from the analysis on the chat, should it break and close below it means the resistance held then it is like to trend downward to so you go short term.
If the other way round then the resistance could not hold but you will enter after the resistance turns support anf stil for a short tern trade whether long or short that is whether buy or sell signals go short term which means aim for small movement and profit
Hope this helps
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Thanks