Fxprotrader
Long

Gold Pending Bullish Bat Pattern

FX:XAUUSD   Gold / U.S. Dollar
397 10 20
Gold             is in an uptrend and we may soon have the completion of a bullish bat pattern. A few pips higher that 0.886 fib level of the bat pattern we see the completion of an AB=CD pattern, but i plan to go with the bat for a much better risk/reward ratio. Stoploss and profit targets as shown at the chart.
Trade active
Comment: A bullish gartley is formed with the same entry point
snapshot
Trade closed: stop reached
Wrong again .
Reply
Fxprotrader poka.star91
Yes that's right. I have posted over 200 ideas since i joined and i was unsuccesful in a % of them. I was looking at your posts and i was amazed. 1 follower, 0 posts, 6 reputation in 6 months..! Keep trolling mate.. By the way, i was unsuccessful in my previous GBPUSD idea. Post something there so you can feel nice..!
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check this..

snapshot
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very nice man.. good work!
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Fxprotrader newbie2016
Thank you..! :)
+1 Reply
newbie2016 Fxprotrader
your welcome.. now lets see what it do.. its 1hr head and shoulder pattern is very bearish and can push prices more down below 1230..
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Fxprotrader newbie2016
we have to wait and see..
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Thank You it sure helped
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Hi Are You are already on the trade or You are waiting to enter at 1232 I believe I get a little confused by those colours I mean were is the start the entrance? Is it at the start of the green meaning 1232 or further up at 1241?
Thank You for Your patience
Reply
Fxprotrader RalfDiana
Hi..! No, i am not in.. This green/red tool is for showing potential profit targets and stoploss. So when the price reached the point where the green seperates from red we are in.. In this one price hasn't reached this level yet.. I hope i helped..!
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