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Sir this is gold commodity 5 min chart. As per my understanding on the basis of Always in trading, 1st arrow ( counting from left to right) the chart was on bear side. Was bull bar till 2nd arrow AIL probably no because bull bar was not impressive and it was below major lower High. Was on 3rd arrow it was AIL probably yes but big up big down so TR . On 4th and 5th arrow it was at the height of bull trend but in big picture it was on TR. So at 5 th bar should I sell because it was on top of TR and it was 2nd signal also.
Sir this is gold commodity 5 min chart. As per my understanding on the basis of Always in trading, 1st arrow ( counting from left to right) the chart was on bear side. Was bull bar till 2nd arrow AIL probably no because bull bar was not impressive and it was below major lower High. Was on 3rd arrow it was AIL probably yes but big up big down so TR . On 4th and 5th arrow it was at the height of bull trend but in big picture it was on TR. So at 5 th bar should I sell because it was on top of TR and it was 2nd signal also.
Can somebody help me to understand my question posted on 07.02.2023.
Can somebody help me to understand my question posted on 07.02.2023.
Hi Ankur,
It's possible that you don't actually need so much information for the 5th trade. It's also a little hard to see the chart. Would you mind posting a bigger one starting at 6:00 of that last day?
