according to my forecast LONG in GOLD
- try to long@support >> if fail, please cut loss under support
OIL FOR ME NEEDS STRONG SUPPORT IN FACT, IT IS UPTREND HOWEVER IT NEEDS RETRACTMENT AND THAT WOULD BE 50.80 SO I RECOMMEND SHORT
It has mother bar children bar inside so it's a sideways pattern don't worry go long and stop loss below 51.90 IF LIKE PLEASE FOLLOW ME THANK YOU THIS IS MY YOUTUBE CHANNEL www.youtube.com
as long as it's still in the parrarel pattern i would prefer short but if it can break the resistance and prove that resistance to become support i will go long later
WHEN PRICE STAY ONE SIDE OF EMA PRICE HAS BIAS
if you can interpret them correctly, they will give money to you
THAT FORMATION BEFORE GOLD MOVED UP
1. SAME HIGH 2. AN ACT OF REJECTING HIGH (LONG UPPER SHADOW) 3. CONFIRMATION AS PRICE ABANDON GROUP OF PRICE AROUND THE FALSE BREAK