Hello everyone
After the outbreak from the rising channel at 1312 we arrived at zone 1280, this is very important because of the SHS pattern that was created with a neck line around 1280, if it breaks there is a minimum price target of 1230 what if target can be seen. If the neckline manages to hold it, the gauge from the descending channel must break up
Regards,
and happy trading!
After the outbreak from the rising channel at 1312 we arrived at zone 1280, this is very important because of the SHS pattern that was created with a neck line around 1280, if it breaks there is a minimum price target of 1230 what if target can be seen. If the neckline manages to hold it, the gauge from the descending channel must break up
Regards,
and happy trading!
Note
gold has broken the 1280 a little later than planned, with this the shs pattern has indeed been completed with a price target of around 1235, see also the falling trend channel in further development,With best regards
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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.