SailTheWave

Confirming BatPattern or Not? decision very near!

FX:XAUUSD   Gold/U.S. Dollar
42 0 1
6 months ago
Pattern is not completed yet.
i'm awaiting to see if pattern will be confirmed or not (reaching point D).
i will enter long if 1248-1243 area will be hit as per pattern.
I'm still watching to see if anticipating to go long as it seems 1260-1270 support area seems very strong.
2 channel greenn and blu are convergent: market will take a decision here?
6 months ago
Comment: Decision taken. Pattern invalidated.
I'm evaluating a new plan.
Any idea is welcome.
6 months ago
Comment: Pattern may be still valid.
Strong channel support is now again approached: if broken we may see falling to 1248-1244 area and confirm bat pattern.
I'll go long at 1248.

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