Bullish Bat XAUUSD 1H Long

Gold/U.S. DollarFXCM

Description

⋅ May 7, 2020 12:55 AM

PLEASE DO YOUR OWN DUE DELIGENCE BEFORE TAKING A TRADE

Buy limit order & entering around the area of
X2A Fib Retracement of .886
B2C Fib Retracement of 1.618

A2D Fib Retracement ''Take Profit '' target 1 of .382 (Minus ? pip spread)
A2D Fib Retracement ''Take Profit '' target 2 of .618 (Minus ? pip spread)

Stop Loss @ 1.13

Case for entry -
Entry area is somewhat near the areas of resistance & support falls (Not sure myself as I have not checked throughly)
Previous BAT has not hit TP2 so it may fall 1st before it goes up (have not checked it is a valid bat)

News to monitor
Not sure (check later)

0156 HRS GMT THURDSAY

Comment

⋅ May 8, 2020 4:28 PM

1728 HRS GMT FRI

As of now price never went low to reach .886 area.

Trade Cancelled.

Comment

⋅ May 8, 2020 4:41 PM

A Bearish Gartley has now formed.

Order cancelled

⋅ May 8, 2020 4:44 PM

Harmonic Patterns XAUUSD

Comments

transparent-fx

⋅ May 7, 2020 12:53 PM

this is what I will be looking at from a MTA perspective