ascending triangle, page-10

ty rish54

i remember seeing an afr interview of a 70+yr old investor once. He said he had 3 key bits of advice - one of which was to trade breakouts

though it takes along time to be able to do it with confidence

i think everyone needs to be aware too of the US FOMC meeting next Mon-Tues. KDR is still a gold stock by the indices and if they raise rates and gold sells off KDR's recent breakout traders will sell - whatever the project merits

You could see the market positioning for it in the late action this morning on USD POG chart - the 30min cup and handle formation got broken down toward the end of trade

id sold out all my kdrs at 33-34 - bought some back yest and am looking for more if the US raises rates.

if they do raise rates there's a good chance usd pog goes back to 1280 - which uis where the big structural rising low supports are

but it has to push through the big 1307 resist/support line first - and thats a big ask