LewisGlasgow
Long

XAU/USD - Bullish Bat

OANDA:XAUUSD   Gold Spot / U.S. Dollar
Once again we are looking at XAU/USD             on a 4h chart with a potential buying opportunity in the near future. I'm loving the look of this, you can see we are currently trading within a channel testing major turning points in the market which has provided us with our future outlook on price direction.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

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its absolutely possible.
+1 Reply
LewisGlasgow PRO PooyaSalehipour
Indeed, it will be a great trade if it falls into place
+1 Reply
PooyaSalehipour LewisGlasgow
+1 Reply
this signal can take a long time
+1 Reply
Yes it will not happen until October at the bare minimum, I post them as I see them :)
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