GcNaif
Short

Short on Bearish Bat

FX:XAUUSD   Gold / U.S. Dollar
534 2 16
i am seeing a bearish bat . i will be shorting this between D area and 1242 with stoploss just above X - 1245 .
Trade closed: stop reached
I am a Chart Slave.Thank you TradingView and @nmike.
Didn't spot that one yet, nice! Tnx 4 sharing! I'm on Gold like a fly on..., well you know what... ;-)

I am looking for an ABC zigzag down at least to 1235, I think this down move is a wave 3, so from end of wave 4 around 1235 maybe a wave 5 up to complete a possible Cypher around 1244 ... (but careful, trendline above... so might be drawn further up to test it...).
snapshot


Will keep your bat and usual targets of it in mind though!!

Gold has been moving amazingly 'harmonic' within the triangle, I traded 2 Gartley's already, as said I'm careful with the cypher, it should finish around 1244 but 1248 looks like a more plausible D target based on the triangle trendline...:
snapshot
Reply
thanks
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out