Cup and handle pattern completing, however an ascending wedge has given possible different exit point. Trading to Cup exit point, then monitor.
First publish! :-)
First publish! :-)
评论:
Didn't quite make it all the way up the cup and so my handle is too high. Despite it travelling along in a handle channel now, the longer term indicators are quite bearish, and so I expect with the recent jump from BoE rate cut, that this is more of a double top, and that the cup is a larger double top. Looking for Gold to fall over the coming weeks.