BLUE43

XAUUSD - SO WHAT TYPE OF TRIANGLE

FX:XAUUSD   Gold Spot / U.S. Dollar
459 views
33
459 8
....
Comment: look like we know what type it was
Nice chart though I think the bottom is rather falling than flat. Hence, more of a wedge than a triangle. But at the end of the day, charting is as much an art as it is a technique.

Just out of curiosity - why EMA 233? Never seen that before.
Reply
wow
+2 Reply
VirtualFax DangBinh
Oonestly, hard to read chart. But that little that I have been able to read seems to make sense.
Reply
PaoloC DangBinh
hello DangBing do you draw a rainbow?
Reply
NgocBinh PaoloC
hi PaoloC, depend on how you look upon
Reply
No triangle at all, we left the correction phase in end of August, the market has been preparing for the next upside move since then.
Reply
BLUE43 Parabolica
ah ok :_)
Reply
expected a mere double zigzag, turned out to be triple zz, I was wrong, you were right!
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out