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splack1902
Aug 13, 2021 5:53 PM

Gold had a nice swing to the upsdide Long

GoldOANDA

Description

In this analysis of mine I notice that it had created a big win to the upside signaling that the bulls were coming into the market and then pulled back. I also notice that on the lower timeframes that an inverted head and shoulder pattern was forming especially when it broke the knee line and retested it, this gave me a signal to get in on the buy and ride it to the top. The market does two things- search and destroy and rebalances it self. If I’m not mistaken, it’s rebalancing itself. It may take a while to understand this concept, but from past data once a big drop or spike has happen, it has to do the opposite to balance for the un equilibrium that it created. Also, it did not break a LOWER HIGH,SO TAKE THE SUCKER UP AND RISK ACCORDING . This is my first publish chart, I hope y’all could learn from my analysis thank you.
Comments
Ifeanyichukwuxx
Nice analysis. I took the buys too😁
splack1902
@Ifeanyichukwu_fx, nice now im in sells.
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