This looks like a 60 mins expanding wedge in the making. As shown I am neutral so until i get a clear setup i will do nothing.
I trade only wave patterns so all my traders are based on it .
If you like this chart please click the "like" your support is important! Please do not take any trade unless you CLEARLY understand the risk and the setup.
评论
IvanLabrie
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Looks clear, I like it.
I'm long gold, I think we're in a wave C of a big flat starting from the lowest low.
Silver looks triangular, but potentially following suit with the bullish gold theme.
anilmangal
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yes very possible ,that's why i believe it's best to wait until a setup is there
DelorenFX
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Nice chart. After a break of your lower trend line, you wait for a retest of your trend line to confirm the new bearish bias? Or wait for complete close of the first bearing candle under the trend line?
anilmangal
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wait for a lower degree consolidation ,which as you see we didn't get and that saves me from a loss.
DelorenFX
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Great, thank you
taniab
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expanding channel
Pablo5
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tough one to call when you have a zone full of valid patterns....
The_Cannalyst
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thx for sharing this Analysis
anilmangal
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thank you for sharing !
IvanLabrie
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This FXCM chart is very spikey, my broker's is nothing like it. Nor is SLV.
I'm long gold, I think we're in a wave C of a big flat starting from the lowest low.
Silver looks triangular, but potentially following suit with the bullish gold theme.