pipstrading
Short

Gold, bearish BAT, perfect 0.382 time projection

FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
79 2 4
Gold             , bearish BAT , perfect 0.382 time projection, shooting star candle.

let's see whether it works out or not.
Comment: but one thing that concern me is the choice of point "X". it is not a clear swing high. if point "X" is at 1260 then it is a better anchor
Hi Pips, i think the 160 is the number people would be looking and and then its not touching the 382 retracement.
Reply
pipstrading Zlatanera
Hello, did u mean 1260? and which part did not touch 382? AB? It did with the candle wick, but not candle closing
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