GOLD: just a flat correction

9 thg 10, 2018

Hallo Tradingviewers,

This is not an idea but the analysis of an idea posted by AhmedSar who discovered an interesting formation on the 4 hour chart.

My chart is 15 minute and try to show what price is doing at letter D of the Baby Bat formation illustrated by AhmedSar.

Please also have a look at the 5 minute chart below to better appreciate the pattern formation.

Have a good night everybody!

Please share your views and comments. Any idea is a contribution for better understanding The Matrix.

Please note that I am not a professional trader and these are my personal ideas only.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Thank you for following and for sharing your ideas.

Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.

9 thg 10, 2018

Ghi chú

9 thg 10, 2018

Ghi chú

Following the flat correction I hope you can appreciate the double ZigZag formation. I will try to post details of this pattern later on in order to determine the bias and develop a trading strategy accordingly to my daily objective. Thank you for following and for sharing your ideas.

9 thg 10, 2018

Ghi chú

9 thg 10, 2018

Ghi chú