SUPER HUGE CUP PATTERN IN GOLD Long

GoldOANDA

Description

⋅ Jun 17, 2020 8:40 PM

After the handle of the Cup Become Obvious We should be careful about a breakout in Pivot A or Pivot B as a trigger!!!!!!

Chart Patterns

Comments

lcoley99

⋅ Jun 17, 2020 8:57 PM

That’s a hell@of a stop loss 1463? 🤦🏾😂

Mehrdad_Orou

⋅ Jun 17, 2020 10:31 PM

@lcoley99,
We should not open any position according to this situation. We should be careful about any breakout in Pivot A or Pivot B as a trigger to be ready for the rising trend that will occur after that.
After that trigger, We can be sure that we are in a big rising trend and we can have long positions in lower timeframes according to chart analysis in that lower timeframe.