Hi guys, short opportunity and a long opportunity on the future depending on future price/market action.
Short on a Pattern completion which is bear bat pattern confluence of 141.40% that could be potential level of C point of a potential bullish Cypher pattern in the future.
Bear Bat with a good 1:2 RR on the TP 1 prior to its stop lose just above the pattern's X point. TP 2 on the 61.80% to extended Cypher on the future to bed decided still As we dont still have a valid C point of it.
Short on a Pattern completion which is bear bat pattern confluence of 141.40% that could be potential level of C point of a potential bullish Cypher pattern in the future.
Bear Bat with a good 1:2 RR on the TP 1 prior to its stop lose just above the pattern's X point. TP 2 on the 61.80% to extended Cypher on the future to bed decided still As we dont still have a valid C point of it.
Note
Stops just above the X point.Target 1: 1258.64
Target 2: 1241.64
Note
TP 1 was hit. We got a high impact news later that could give a movement here on the Gold market. Updated as we have a pattern completion at the 88.60% around the 1223 price handle.
Note
Trade closed: target reached
TP 2 is hit as well waiting for the bullish 88.60% pattern for another long/buy opportunity.Note
All shorts taken on the 1223.50. Now looking for a LONG/BUY setup.
Success, nothing less!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Success, nothing less!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.