c0dchef

GOLD FEB '21 - 4H TF - Cup & Handle

Long
c0dchef Updated   
MCX:GOLDG2021   Gold Futures
Cup & Handle pattern forming on 4H Chart of GOLD FUTURES. BUY 51100, SL 49679, Target(s) - 51850, 52100, 52300, 52500. Cup Depth = 3249. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Trade closed: target reached:
51850 reached. So yeah, partial target, but still it went above 51850. That is where someone should have booked some of the positions or all depending on your risk mangement.
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