XAUUSD long set up Long

FX:XAUUSD60

Gold/U.S. DollarFXCM

Description

⋅ Dec 17, 2015 4:15 PM

Hey traders!
Previous bearish bat worked really nice on Xauusd and now I am taking this bullish one.
GL!

Trade active

⋅ Dec 17, 2015 4:17 PM

Trade closed manually

⋅ Dec 18, 2015 7:15 PM

I closed my position at 1068 for this trade.
Not waiting for the second target.

Comment

⋅ Dec 21, 2015 2:48 PM

Those who have waited for T2-congratz!
I do usually hold my positions longer,but in this case I wanted to lock my profits at T1

Comments

Njuhis

⋅ Dec 18, 2015 3:27 PM

Congrats, a good setup that has gone as you predicted

Don_Corleone

⋅ Dec 19, 2015 11:20 PM

Thx!

pyramids_Forex

⋅ Dec 17, 2015 4:58 PM

I think it should complete wave 5

Don_Corleone

⋅ Dec 17, 2015 5:47 PM

I am not used to wave counting,but we shall see.Anyways,my trade fits my r/r and my plan,so it's good enough reason for me to take it.
+this bat bounced off the retest of the broken TL.

Don_Corleone

⋅ Dec 17, 2015 5:51 PM

There is another pattern near your lower channel,but I am taking this one for now and see what PA will tell me later