Yes. There is something about the situation in Iran. Maybe there will be a ban on importing crude from Iran. Some European banks have already stopped doing business with Iran central bank. There was something in yahoo finance about the crude situation.
GOLD ON M-30 CHARTS HAS FORMED A WW PATTERN AND A H&S PATTERN WHERE THE PT-4 OF THE WW PATTERN IS @1754$ AND EPA CAN BE NAILED@1770-1774$............THE INVERTED H&S PATTERN HAS A NECKLINE RESISTANCE@1754$ EXACTLY @ PT-4 OF WW PATTERN SO HIGH PROBABILITY OF ACHIEVING THE TARGET OF 1754$................KEEP WATCHING..............
Here i found TD breakout qualifiers and its mt4 indicator..................
here are the breakout qualifiers:
Upside breakout qualifiers
Qualifier 1: The price bar prior to an upside breakout must be a down close.
Qualifier 2: The current price bars open must be greater than both the current TD Supply Line and the
previous price bars close and must then trade at least one tick higher.
Qualifier 3: The previous price bars close plus the previous bars buying pressure must be below the current
price bars TD Supply Line price level.
Qualifier 4: The current price bars open must be above both the previous two price bars closes, and the
current price bars TD Supply Line must be above the previous price bars high.
Downside breakout qualifiers
Qualifier 1: The price bar prior to a downside breakout must be an up close.
Qualifier 2: The current price bars open must be less than both the current TD Demand Line and the previous
price bars close and must then trade at least one tick lower.
Qualifier 3: The previous price close minus the previous bars selling pressure must be above the current
price bars TD Demand Line price level.
Qualifier 4: The current price bars open must be below both the previous two price bars closes, and the
current price bars TD Demand Line must be below the previous price bars low.
It seems like a buy where you have marked & I'm also long there. My SL is below the upper pivot low than where you have marked or close below the trendline whichever is earlier.
GOLD ON M-30 CHARTS HAS FORMED A WW PATTERN AND A H&S PATTERN WHERE THE PT-4 OF THE WW PATTERN IS @1754$ AND EPA CAN BE NAILED@1770-1774$............THE INVERTED H&S PATTERN HAS A NECKLINE RESISTANCE@1754$ EXACTLY @ PT-4 OF WW PATTERN SO HIGH PROBABILITY OF ACHIEVING THE TARGET OF 1754$................KEEP WATCHING..............