XAUUSD Bearish Diamond Top
The minimum price target is the measured length X (between top and bottom of diamond), projected from the break out.
Take a note of the stochastic oscillator, which signals (confirms) the break below support through the downward cross.
Conveniently myTP area is also a target for developing bearish flag.
As always, comment freely and blame yourself if something goes wrong.
Extra credit for look4edge, originator and talented chartist.
Cheers.
Take a note of the stochastic oscillator, which signals (confirms) the break below support through the downward cross.
Conveniently myTP area is also a target for developing bearish flag.
As always, comment freely and blame yourself if something goes wrong.
Extra credit for look4edge, originator and talented chartist.
Cheers.
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.
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.