idea#124, #XAUUSD bull or bear BAT PATTERN?

Gold/U.S. DollarFXCM

Description

⋅ Aug 27, 2014 4:15 PM

idea#124, #XAUUSD bull or bear BAT PATTERN?

Closed idea#122 @1283 and wait for another short on bat pattern.

Pending Short@1289.5, stop 1292.2

Pending Long@1275.5, stop 1271.5

If bearish bat pattern form first then target to entry of bull pattern.

if bull bat pattern lead then update target later.

Comments

LumTuck

⋅ Aug 28, 2014 8:05 AM

stop out liao

Casey_Yeo

⋅ Aug 28, 2014 8:10 AM

That's pretty fast. My stop further up. Just have to wait and see if it survives today.

LumTuck

⋅ Aug 28, 2014 8:11 AM

what is SL level…

Casey_Yeo

⋅ Aug 28, 2014 8:12 AM

1299

hungvutrader

⋅ Aug 28, 2014 1:20 PM

1299 could be for Crab pattern on H1...., but i think we missed it :)

Casey_Yeo

⋅ Aug 28, 2014 1:33 PM

I don't know about crab. This gold has been a tough one to trade.

hungvutrader

⋅ Aug 28, 2014 1:34 PM

FYI sr-analyst.com/HarmonicHelp/index.html?cypher_pattern.htm

Casey_Yeo

⋅ Aug 28, 2014 1:39 PM

Thanks bro but I will still stick to cypher, Gartley and bat.

MinervaFX

⋅ Aug 28, 2014 1:40 PM

nice website. i'm familiar with almost all patterns; but this one is in a nice detail :)

hungvutrader

⋅ Aug 28, 2014 1:09 PM

1292 on my chart