Michael_KM

XAUUSD two Bat Patterns

FX:XAUUSD   Gold Spot / U.S. Dollar
Hello traders,
Both patterns cannot be taken simultaneously. It is one invalidates the other.
Potential long opportunity 1245.13 with 3 drives pattern confluence, trend-line support and follows bullish move up.
or potential short opportunity 1298.25 minor resistance confluence.
Typically I look at RSI conditions (overbought, oversold or divergence).

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Trade active: Orange bat pattern active.
Blue bat invalidated.
Trade closed: stop reached
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