Gold Chart - 10 hour time frame
1 - The trend line is broken
2- The price is returned from its important level
3- An evening star pattern is formed
4- To form an uptrend, the price must cross the previous ceiling
Result: The conditions are right for a downtrend
1 - The trend line is broken
2- The price is returned from its important level
3- An evening star pattern is formed
4- To form an uptrend, the price must cross the previous ceiling
Result: The conditions are right for a downtrend
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