Trade Gold if :
1. The upper trendline holds beneath 1345.
2. Breakout to downside.
3. Retest of lower trendline for resistance.
4. Renko confirmation of 2 reversal bricks.
Then
1. Short with target aiming for prior swing low.
2. Stop loss above initial reversal brick.
1. The upper trendline holds beneath 1345.
2. Breakout to downside.
3. Retest of lower trendline for resistance.
4. Renko confirmation of 2 reversal bricks.
Then
1. Short with target aiming for prior swing low.
2. Stop loss above initial reversal brick.
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.
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.