TradingView
Akil_Stokes
Jul 17, 2014 1:54 PM

GOLD/U.S. Dollar 60min: Bat Pattern & Trend Continuation Short

Gold/U.S. DollarFXCM

Description

What we have here is a potential bearish bat pattern completing at the same area we have our eye on for a trend continuation move down. Also structure, looking left, and ratio confluence as well. Thanks for the heads up on this one JC.
Comments
McODAL
Bad Luck...
CromerKing
Plane crash near Russian boarder caused spike.
DennySantoso
Malaysian Airlines, second time this year
CromerKing
Although if it's been missiled as reported it's not really their fault and that would explain the gold spike because of tensions in the area of Ukraine.
Akil_Stokes
Reminds me of the time that tsunami hit a few years back while in a Yen trade
Akil_Stokes
YEah I feel kind of bad fort hem. They've been in the news twice now, both for horrible reasons. At least this time they're not at fault. Or at least it seems that way. Still, won't help their company.
Akil_Stokes
Yeah, I heard that news a little after and wondered what affect that had. Thanks Gary
DennySantoso
Just hit SL :)
Akil_Stokes
Indeed, at least it would have been a painless one ;-)
JC_Saints
Was thinking the same :) that was fast, now at 62% of previous drop
More