KVE
Long

XAU/USD: 15m wedge confirming 4H bat?

FX:XAUUSD   Gold Spot / U.S. Dollar
358 0 11
Long from 1220... possible bullish bat on 4H... see linked idea
Had a pinbar to support/0. 618 retracement on the open.

To confirm longs we now need a higher high....
Comment: Advancing..., close above 1226 was first hurdle, which we made on 15min...

Quasimodo support at 1220 remains, new approach of that level still good to long with SL tight below the low...

Next hurdle: close above 1230..., will give me extra confidence for 4H bat long...
Comment: Looking good...
Comment: Possible buy opportunity here, 0.618 of up move tested..., SL below the low...

snapshot


For a safer trade wait for confirmation of ocntinued move above the high
Trade closed manually: Wedge trade was good, some profit at 1229 but I had hoped to keep the rest open for the 4H bat TP1..., closed slightly below BE, net profit but not as I would have hoped...

Bat positions remain open...
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