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ViorelBadin
Sep 26, 2016 9:48 PM

GOLD SQUEEZE MOMENTUM UPSIDE PATTERN Long

Gold/U.S. DollarFXCM

Description

AS SEEN IN PREVIOUS STRUCTURE (PREVIOUS LONG BREAKOUT), WE EXPECT PRICE TO CONTINUE CONSOLIDATING IN SQUEEZE MOMENTUM UPSIDE PATTERN. WAIT FOR PRICE TO TEST THE TREND LINE FROM THE STRUCTURE. ENTER AT THE BREAK OF POSITION 1 (TREND LINE 1339 LEVEL) WITH A STOP LOSS AT POSITION 2 (1335 PRICE LEVEL).
PROFIT TARGET AT POSITION 3 (1352 PRICE LEVEL).

GET READY FOR SOME SERIOUS PIPS.

Trade closed: stop reached

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