5. points of taking this long trade:
1. Valid Double bottom pattern on major support level
2. On the lower trendline
3. Gold is in an uptrend
4. Gold has been consolidating in a channel for a while now
5. 7:1 win/lose ratio
tesla chart is now at a point where it has to choose:
Or it will be crossing the lower trend line and reaching for support at around 400.00
Or it will go to create a new higher high and will reach 470.00 ish
PLEASE HELP ME XD
➕USD/CAD Setup / Analysis
🕐 2 hr's Chart /
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➕ Key Technical /...
AUDCAD crossed the EMA Line again and is now in a downtrend.
I Believe its going to strong support at 0.70700
Wait till the resistance level is reached and place the trade from there.
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