lyl89

XAUUSD - Bearish Bat on H4 Chart

Short
lyl89 Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
  • Spotted a potential bat pattern for XAUSUD
  • RSI is about to reach overbought level
  • R:R at 1.2 (TP1) and 2 (TP2)
  • Will find entry base on H1 chart and candles

I will update when pattern completes.
Trade active:
Shorted at 1,258.65
Comment:
Trade is now running at about 500+ pips profit, about to hit TP1 soon.
Trade closed manually:
We have good results for ADP Non-Farm Employment Change.
TP1 hit with 724 pips.
I have manually closed the trade at 939 pips.
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