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GrowInvest
Mar 1, 2017 8:00 AM

Buy opportunity Long

GOLD / U.S. DOLLARICE

Description

Possible buy opportunity with TP 1269.

Comment

Three examples, where 100 SMA act as a support and in combination with ascending channel push the price up.

Comment

Trade closed.

Comment

Price action at 200 SMA.
Comments
Trader_Dale
Hello mate! i really like your analysis. It is very thorough. I also think that 1242 is super strong support. Where is your SL? I would put it at 1230.
Best of luck!
Dale

*You can have a look at some of my analysis at my profile if you would like. I publish them every day.
GrowInvest
@Trader_Dale, thank you. I will possibly close the position, when price close few candles out of upward channel or close below 200 SMA. 1230 might be a good SL.
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