Long
Descending Channel Pattern for Buy
Hi All,
NG now in a channel pattern in Daily timeframe. Now can try long position.
for the more clarity on buy look at 1H/4H timeframe, there is a double bottom pattern but the trend line is not yet broken, once broken the target is almost the top of the channel.
Buy : Buy now or after the the double bottom's neck line is broke.
SL : 4.788
NOTE : Monthly is in correction of uptrend, so trade with strict SL and caution.
NG now in a channel pattern in Daily timeframe. Now can try long position.
for the more clarity on buy look at 1H/4H timeframe, there is a double bottom pattern but the trend line is not yet broken, once broken the target is almost the top of the channel.
Buy : Buy now or after the the double bottom's neck line is broke.
SL : 4.788
NOTE : Monthly is in correction of uptrend, so trade with strict SL and caution.
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.