Emas / Dollar A.S.Diupdate Gold Today - Inverted Cup and Handle
Gold on the Short Term Chart in the Tokyo Session is forming Inverted Cup and Handle.
This is a bearish continuation pattern, and price expected to move down to
the Daily Central Pivot around 2456 , which is the nearest Demand Zone.
After this, a move towards the Daily R1 at 2488
This is a bearish continuation pattern, and price expected to move down to
the Daily Central Pivot around 2456 , which is the nearest Demand Zone.
After this, a move towards the Daily R1 at 2488
Trade aktif
Cool, a quick reaction to the downsideCatatan
Liquidity squeeze to take the stop loss orders for those buyers taking the double bottom early.... It is the right way, but the squeeze must come first....Catatan
So the larger pattern is a Bullish Channel. We now have the next waves which will be the Cup and Handle, so now price to move up....Catatan
Likely 2467 to 2472 in the early London Session Catatan
Just printed 2472... cool..
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