hope it is readable.
1. Financial crisis of 2007-2008 (https://en.wikipedia.org/wiki/Financial_...)
2.People emotions take shelter into safe haven
3.Capital take shelter into safe haven
Fear and uncertainty drive the market.
4.In 2010 CBs & Govs. worldwide implement measures aimed to reassure and stabilize financial systems.
5.in 2012 the run is stopped.
6.Fear and skepticism slowly fade away.
7. Gold slowly returns to pre financial crisis levels.
8. Confidence seems to have been restored.
9.Everything back to normal.
Is it so?
For additional informations please refer to the related ideas linked below.
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Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
a) SMA + RSI are aimed to provide balance to the source/cup formation
b) SMA should provide support to the handle
In order to find the correct SMA that matches the structure make sure that the black dots must happen at the same time when price crosses SMA.