Spotting Golds 1st Trading Pattern to kick-Off 2019!
Hey Traders!
Happy New Year to all!
FIrst thing is First, Gold is forming a very nice pattern here, pushing for an expanding formation, it seems to also be topping. The drop is one you want to be in as it will bring a good, and fast profit if the pattern is completed as observed.
Entries can be made after a breakout of the uptrend followed by a confirmation or you can take a more risky entry by picking a top to enter, a SL and a target.
Choice is yours..
your follows &/or like are appreciated.
Happy New Year to all!
FIrst thing is First, Gold is forming a very nice pattern here, pushing for an expanding formation, it seems to also be topping. The drop is one you want to be in as it will bring a good, and fast profit if the pattern is completed as observed.
Entries can be made after a breakout of the uptrend followed by a confirmation or you can take a more risky entry by picking a top to enter, a SL and a target.
Choice is yours..
your follows &/or like are appreciated.
Trade active:
I PICKED A TOP, SHORTLY AFTER PUBLISHING & SET MY SELL LIMITS.
TRADE HAS RUN 80+ PIPS FROM ENTRY AND COUNTING
TRADE HAS RUN 80+ PIPS FROM ENTRY AND COUNTING
Comment:
Pattern was further extended, this is what we are looking at now, will it end up being runnning, or expanding?? hmmm......
David K Giraldo