Will bear miners form a J-hook?
Basic idea with a possible J-hook forming. I like Dust's bottom curve formation and the fact that it gaped bull 3 days ago. Stop is the gap area.
This idea breaks if Dust fills the gap, can't stay above the 10EMA and it loses it's curve like feature turning into a J shape.
The markets are wild so you need to make your own calls. Market forecasts (charts) are best guesses and not investment advice.
This idea breaks if Dust fills the gap, can't stay above the 10EMA and it loses it's curve like feature turning into a J shape.
The markets are wild so you need to make your own calls. Market forecasts (charts) are best guesses and not investment advice.
Trade active
I also like that the 3ema and 10 ema crossed.Trade active
Could see some bear selling, but needs to close above 10ema.Trade active
Gold rocked, but miners didn't keep up??? Dust should have sank to 25ish, but didn't. The curve is broken, but a shot up could keep the J-hook in place. Filled the gap today. This needs to stay above $29. Today made no sense and it makes trading confusing. I know miners aren't exactly gold, so you have to chart what you see in the miners only.
Trade closed: stop reached
Stop will trigger today.
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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.