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c0dchef
Dec 24, 2020 7:37 PM

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

Gold Futures (Feb 2021)MCX

Description

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.
Comments
tradesecret2017
My asx200 Sydney trade zone
Bullish above 6705
Bearish below 6722 no chart/no lagging #technicals just price action only
tradesecret2017
My indian equity picks for Monday FACT
MADRAS FERTILISER
YES BANK
tradesecret2017
Good idea
tradesecret2017
The handle formation is steep down.not forming a base let us see
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