AliShirali

Market is fractal : This may open pandoras box to you

AliShirali Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Good day all,
There is everything in this picture.
Have fun
Comment:
1-1.The low is broken at num one:a group of sellers break number one low
2.Before it continue it's downmove after
break it create a flag :what run market?orders.
Buy and sell orders,supply and demand
3.who created this flag and why?
4.Market maker's create this flag ,
they are pushing price up
against sellers,inside this flag
creating a mini bull market
for retailers to go long
inside this flag.
4.Now as a tradrer there is only one question , can this flag hold price ?
Or there is something speciall in the extreme of this flag?
Have fun

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.