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27 de Ene. de 2015 2:05

Gold Bull Flag Pattern Largo

Gold/U.S. DollarFXCM

Descripción

Risk 155 Pips each Position
Target 1 +275 Pips
Target 2 + 500 Pips
Comentarios
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Closed all @ 1281 , Trailing Stop loss
p/l +45 Pips
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Now the price is going up in my profit zone,
I trail sl to break even.
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Thanks Lanmar for your comment,
Lanmar
Flat patterns do not typically have such violent corrections. The two previous consolidation areas would be considered flag patterns. Look at the intermediate term picture for gold - drfinitely not very bullish, yet.
Lanmar
Flag*
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