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Price meets Dly 200MA
Back into the triangle could reach $109-$110 before spring
A quick synopsis on this metal, coming to a cycle completion of the Geo:
1 - Price hit Predictive/Forecasting Model's qualitative target, defined at 98.27 on June 22nd;
2 - A "Warning Level" at this institutional weekly level may offer solid support and ground for reversal, here defined at 91.98;
3 - A large ...
SETUP for a Swing Trade with 5 to 1 and 10 -1 risk reward. ENTRY Range, Initial STOP, and 2 different Target levels listed on Chart. Any Questions happy to answer how I use this setup to make consistent profits.
1. Bollinger Band extreme with strong bullish candle followed by 2 days closing above that candles low. Pattern has repeated again and again.