My trades on forex gold & silver

ag_fx

Well-Known Member
#5
Head & Shoulder pattern on gold H4 chart.
Gold can fall to around 1070 levels.
The HnS has not been correctly drawn....the HnS that you have has a rising neckline....for a bearish move, you should have a falling neckline or a straight neckline.

The trade might still work and make some money for you...but the pattern is wrongly interpreted.
 
#7
The HnS has not been correctly drawn....the HnS that you have has a rising neckline....for a bearish move, you should have a falling neckline or a straight neckline.

The trade might still work and make some money for you...but the pattern is wrongly interpreted.
thnx for your comment sir. i wil keep that in mind. :)
 

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