(EP #08) Kelvin Trade Ideas - XAUUSD Bat Pattern 2019-12-17

In daily chart, market shows us a bearish trend line clearly. At the same time, there are two bearish bat patterns in one hour chart. The first one is the green one, it provides potential reversal level (PRZ) from 1481 to 1480, another one is the yellow one, it provides PRZ is 1484. I will use 1484 as my sell order entry price because I want the best risk reward ratio from this chart. If the market breaks those PRZ later, I will post my other bearish bat pattern in the longer time frame charts until the market breaks the highest point (~1555) in daily chart.

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