11021992

XAUUSD: Bearish bat pattern

Short
11021992 Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Hi traders,

On the XAUUSD 1H chart we have a potential bearish bat pattern taking shape. Completion of this pattern is at point D, from where I will enter the trade.
Entry: 1216.60
Stop: 1221.30
Target: 1204.24 = R:RR 2.63

Good luck guys! Updates will follow.
Comment:
Expected price movement:
Trade active
Trade closed: target reached:
Great.
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