XAUUSD: Possible bullish bat pattern Long

Gold/U.S. DollarFXCM

Description

⋅ Feb 11, 2017 7:51 PM

HI traders.

On this gold chart we can see a potential bearish bat pattern taking shape. Entry and completion will be at point D, from where we can enter long.
Entry: 1202.43
Stop: 1193.57
Target: 1221.26 = R:RR 2.13

Good luck traders! Updates will follow.

Comments

iSummer

⋅ Feb 11, 2017 11:52 PM

when you do this you wait for confirmation at D right? Or do do like to see if you can get the CD leg?