I think it has grown a lot and made a good profit, now I need to get my capital and profit out of this deal and look for the next great position.
As you can see, the price has reached this area with high acceleration, and naturally, after moving sharply towards an area, we expect to return with the same acceleration. But one question, will the price come back with the same movements that reached this level or can it have a structure with movement corrections that will give us good entry positions to sell?
I see gold coming down from here, but obviously my sell order is a bit higher that the price may not reach...
The first two corrections bring good profits in the downtrend and don't ignore that this indicates a strong move after the first two corrections.
Note the price movements in the area of 0.5 Andrews fork. I also see the fall of a boy who barely put his foot on the top step and unfortunately there is a possibility of him falling.
Schematics are for beauty and may have further changes
Be careful with your transactions
Golden Dragon
As you can see, the price has reached this area with high acceleration, and naturally, after moving sharply towards an area, we expect to return with the same acceleration. But one question, will the price come back with the same movements that reached this level or can it have a structure with movement corrections that will give us good entry positions to sell?
I see gold coming down from here, but obviously my sell order is a bit higher that the price may not reach...
The first two corrections bring good profits in the downtrend and don't ignore that this indicates a strong move after the first two corrections.
Note the price movements in the area of 0.5 Andrews fork. I also see the fall of a boy who barely put his foot on the top step and unfortunately there is a possibility of him falling.
Schematics are for beauty and may have further changes
Be careful with your transactions
Golden Dragon
交易结束：到达目标:
Price has reached target 2. We are still waiting for further price reduction.
Take care of your profit with Risk Free.
Golden Dragon
Take care of your profit with Risk Free.
Golden Dragon