Long
Morning Star Reversal Trade
A morning star reversal has formed on the weekly chart for 
AVB, with the backdrop of a strong gold price and pending updates on the 2m oz project this trade concept provides a solid R:R
When the pattern last played out in mid 2017 a 24% rise occurred which faced resistance at previous support.
The exit has been chosen at the old support level of 9.5c which gives around 15% in the success case
AVB, with the backdrop of a strong gold price and pending updates on the 2m oz project this trade concept provides a solid R:RWhen the pattern last played out in mid 2017 a 24% rise occurred which faced resistance at previous support.
The exit has been chosen at the old support level of 9.5c which gives around 15% in the success case
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.