Tuesday, October 22, 2013

Golden Wave Pattern On A Wedge Breakout; SchoolOfTrade com Support



This morning we see Gold had a FOBO of the wedge from the past few days where it broke out lower and quickly snapped right back into the range. Once we moved back into the wedge we are only a few minutes before the news comes out which fueled this move WAY above the wedge high giving us an opportunity to buy a Golden WAVE Pattern Long following a Wedge Breakout! Overall we bring in $360 on two contracts with a move that took only 2-3 minutes to complete. This was a VERY fast move, but if you are quick, you can take these kinds of trades ALL day!

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