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UncleJingles
17 juil. 2019 08:19

Bull triangel forming: breakout coming? Long

Gold/U.S. DollarFXCM

Description

Volatility down to breakout levels and daily chart is forming a bull triangle with minor support at 1400 and major zone at 1480-1460. The trend is still strong with MA20 & MA50 clearly pointing to higher highs. Now, looking for volume to drive the price through previous high which is a critical resistance level before the price start the climb ming for target 1.

Transaction en cours

A bullish shooting star is forming on 4h. If we rhyme with previous patterns the only thing we miss is some volume to break up.

Transaction en cours

Played out nicely
Plus