miracleFx

cup and handle with a falling wedge

Panjang
miracleFx Telah dikemas kini   
FX_IDC:XAUUSD   Emas Semerta / Dolar A.S.
XAU/USD has completed the cup and handle setup with a falling wedge on the daily time frame. I am considering an overall bullish trend in the long term. a break out is also expected from the falling wedge as it has reached at least 75% of the pattern.
Komen:
what i forgot to add was a breakout downwards from the wedge. i was biased towards a long position because price held that support zone for months now.

to trade this updated idea, wait for a retest after the breakout and look for optimum entry on lower time frames

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.