benalistarfx

Bat, Butterfly & ABCD!

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Daily chart we have a potential butterfly forming along with a Bat & ABCD on the 4H/1H chart! I will be waiting for the markets to open and watching how price reacts to the current C point of the Bat.

Price could potentially spike lower before continuing with the pattern formations!

If we see price continue to reject with wicks to the upside I will be entering long!

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