BLUE43

XAUUSD - SO WHAT TYPE OF TRIANGLE

FX:XAUUSD   Gold Spot / U.S. Dollar
459 8 33
....
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.
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wow
+2 Reply
VirtualFax DangBinh
Oonestly, hard to read chart. But that little that I have been able to read seems to make sense.
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PaoloC DangBinh
hello DangBing do you draw a rainbow?
Reply
NgocBinh PaoloC
hi PaoloC, depend on how you look upon
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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.
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BLUE43 Parabolica
ah ok :_)
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expected a mere double zigzag, turned out to be triple zz, I was wrong, you were right!
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