#Gold is showing bullishness on multiple timeframes.
- The monthly chart is forming a 9 setup with a Recycle Flag which indicates the momentum is very strong and the underlying bull trend will intensify.
- The Weekly chart is confirming the nascent bullish trend: A bullish Sequential Sell countdown has started and currently on a bar 2/13.
- The daily chart is the only one that shows a possible short term pullback to come. Currently forming a Price Flip after a 9 Sell setup, we could have a sell signal tomorrow with a red candle 2 below today's candle low.
Note I have configured the Price Flip parameter to 5 (Calculated from the corresponding close 5 bars earlier)
The accuracy of my sequential indicator is improved looking at past results.
However past results do not guarantee future performance ;)
MATHR3E
Sequential indicators:
- The monthly chart is forming a 9 setup with a Recycle Flag which indicates the momentum is very strong and the underlying bull trend will intensify.
- The Weekly chart is confirming the nascent bullish trend: A bullish Sequential Sell countdown has started and currently on a bar 2/13.
- The daily chart is the only one that shows a possible short term pullback to come. Currently forming a Price Flip after a 9 Sell setup, we could have a sell signal tomorrow with a red candle 2 below today's candle low.
Note I have configured the Price Flip parameter to 5 (Calculated from the corresponding close 5 bars earlier)
The accuracy of my sequential indicator is improved looking at past results.
However past results do not guarantee future performance ;)
MATHR3E
Sequential indicators: