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Trader_Joe_Lee
Aug 17, 2017 4:06 AM

XAUUSD Harmonic Patterns, Inside bar, and structure combination  Short

Gold/U.S. DollarFXCM

Description

XAUUSD rallied since the FED announcement, while the price here I got several reason to give the short a shot.

The Bat pattern is not a perfect one as B point didn't retrace enough to 0.382 of XA, while when there are 3 reasons combination, it's good enough for me.
Plan: Short @ 1287.40 with an out @ 1290.40 , 1st kick @ 1284.40

Let's see how it goes



Comment

Got my 1st kick @ 1284.40 yo!

Comment

Time to lower my out from 1290.40 to 1289.70
Comments
5898928
Top was 11/08 not 12/08.
Can this change your pattern? (B point will be 0.382 ?)
Trader_Joe_Lee
@5898928, nope, it won't change much though
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