When we look at XAUUSD 15 min chart, we can see 7 different pattern/formations.
From beginning in purple; we can see double bottom and than jump up.
Right after that in red; descending triangle forms and than decrease in price.
After one and a half day, bear flag forms in yellow.
When the bear flag completed, pink cup formation happens and price jumps to highest for the day.
By the time cup formation, RSI shows some tired moves. When the price increases RSI keeps descending and indicates bearish moves.
After two bullish formations, we can see the bearish flag in green. At the formation of bearish flag we can also spot the fake breakout in blue.
From beginning in purple; we can see double bottom and than jump up.
Right after that in red; descending triangle forms and than decrease in price.
After one and a half day, bear flag forms in yellow.
When the bear flag completed, pink cup formation happens and price jumps to highest for the day.
By the time cup formation, RSI shows some tired moves. When the price increases RSI keeps descending and indicates bearish moves.
After two bullish formations, we can see the bearish flag in green. At the formation of bearish flag we can also spot the fake breakout in blue.
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.