Rissky one still

7 apr 2023

In the analysis you see above, price not only broke out the descending channel, depicted by the descending trendline, but it also broke out above the previous lower higher. Normally I wait for additional confirmation especially with a pair like gold. Price has shown me a common setup of mine however the bars and patterns aren't developed to my liking hence this trade being a highly risky one still 🙂