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JonyFxHunter
Sep 16, 2021 1:50 PM

Bat@0.886XA + Deep Crab@1.618XA Long

OANDA:XAUUSD240
GoldOANDA

Description

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The bullish pattern i's really close to completion, look this making a great movement to the downside,
but I believe that's going to be rejected by the double harmonic pattern right there:
Bullish Bat@0.886XA
and the Deep Crab@1.618XA

Let's go to the rules:

Rules:
1. Harmonic Patterns Completion - 95% Complete and Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test -Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
BatCrab
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