Henrik-PatternTrading
Short

XAUUSD, 30min, potential Bat pattern

FX:XAUUSD   Gold Spot / U.S. Dollar
We see a retracement up on Gold ( XAUUSD ) and the B point of the potential Bat pattern is passed - which makes the pattern "live".

If we look at, for example, a Daily timeframe (which may be too high timeframe to coincide with a trade on the 30min timeframe, but ...) it is in a down movement right now where the price just closed below a triangle preceded by a downtrend.


We are early in the C-D movement even though BAMM can already be noted - so for those who have it in their plan and want to take a aggressive BAMM trade, the time is now.

Otherwise, we await test of PRZ and confirmation of price going down again.
Henrik Siverhall
Pattern Trading Sverige

Är du intresserad av våra utbildningar - "PTSE - en komplett trading utbildning".
http://bit.ly/ptse-utbildning

Sveriges största FB grupp för nybörjare
http://bit.ly/ptse-fb-basic

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out