Hi All,
Notes are also in the chart. I am lookin for a ptoential long entry but will sit and wait for the market to tell me what to do.
Notes:
- Double Bottom signals a potentiall trend reversal.
There is a an advanced pattern setting up called a Gartley pattern.
- If price breaks off of the Double Bottom, then an area of resistance will be at the area where the Gartley pattern completes
- If price action breaks above D Leg and then the X Leg of the Gartley, then the pattern becomes invalid. This will also add provide additional confirmation of a trend reversal to the upside.
- I dont trade Nickel spot prices but use this as a guide for several ASX Listed companies that specialize in Nickel.
**Watch the Trend line. If price breaks above the trend line then wait for the pull back before looking to go long**
Notes are also in the chart. I am lookin for a ptoential long entry but will sit and wait for the market to tell me what to do.
Notes:
- Double Bottom signals a potentiall trend reversal.
There is a an advanced pattern setting up called a Gartley pattern.
- If price breaks off of the Double Bottom, then an area of resistance will be at the area where the Gartley pattern completes
- If price action breaks above D Leg and then the X Leg of the Gartley, then the pattern becomes invalid. This will also add provide additional confirmation of a trend reversal to the upside.
- I dont trade Nickel spot prices but use this as a guide for several ASX Listed companies that specialize in Nickel.
**Watch the Trend line. If price breaks above the trend line then wait for the pull back before looking to go long**
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.