BXY Trade Plan (BXY 18/05)

29
BXY

Price is in long term bull trend but with medium term flag pattern forming which is confirmed by the head and shoulder pattern we have recently seen.

I would like to see price move a little lower into Fib level range and then push higher so the plan here is to wait before heading north.

1hr price is confirming down trend so plan is to target crosses on the lower time frames.

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.