KelvinShamKaiMan

(EP #04) Kelvin Trade Ideas - XAUUSD Bat Pattern 2019-12-08

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
A bullish bat pattern almost completed in one hour chart. This market is in down-trend in daily chart , so this buying opportunity is a counter trend trade. The main point in this trade is whether the support level(~1455) will be valid again or not, then the price goes up. Because there are two long bearish candles in the chart, so I need clearer confirmation signal by viewing candle stick pattern this week.

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