tst

buy on the pull back

FX:XAUUSD   Gold / U.S. Dollar
179 1 10
Gold             has broken out of the large down ward wedge . I see current level as an area of resistance and an area for reversal. A harami candle stick pattern is an indication for short term trend change. Im looking at the pull back to find support at a 50% retracement of this last minor uptrend which lines up the breakout point of the wedge .
Comment:
snapshot
Comment: The lower time frame set up here could still give me a 1385 target from the pendant pattern projection. Really wanted to see a deeper correction but don't want to miss the next leg up if it breaks from here. will update if I enter.
snapshot
Comment: That was a key level thats just been broken
snapshot
Comment: closed a little weaker then the bulls would have wanted. watching the 20ema (orange), if it breaks then will be looking to buy at 50ma (pink)
snapshot
Comment: pull back to 50ma now closed above will buy again on confirmed break out.
snapshot
Im in IF! we get a close outside the break of the pendant pattern.
snapshot
Reply
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out