XAUUSD: Retest of Kill Zone With Advanced Pattern Completion

FX:XAUUSD   Gold / U.S. Dollar
After receiving an initial bounce off of last weeks Killzone on Gold             . We're now retesting our wedge pattern breakout with an advanced pattern completion.

this advanced pattern completion also represents the "C" leg of another potential pattern as well. But at the heart of things this is still a trend continuation trade.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
http://www.TradeEmpowered.com -The Premier Online Trading Education Company
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Comment: Bigger pattern should read "Potential Bearish Gartley" not "Bat"
Comment: I'll be doing my Trading Recap Live Periscope after this mornings Live Q&A session so sometime after 10am NY https://www.periscope.tv/AkilStokesRTM
Bigger pattern should read "Potential Bearish Gartley" not "Bat"
+2 Reply
Hehehe .. have another coffee Akil ! :)
I made the same mistake this morning in my publication.
+1 Reply
Akil_Stokes PRO Nico.Muselle
I find that i do that all of the time with the Deep Gartley's. My RAS just screams bat since it's close to the 88.6
+2 Reply
Hehehe ... same here EURNZD deep Gartley completing at the .886, called it a bat too :D
+1 Reply
Akil_Stokes PRO Nico.Muselle
when it comes down to it I don't even care about the names anymore, as long as i know where to get in and get out
+1 Reply
Jimdandy Akil_Stokes
Thanks.. I was beginning to wonder.
+1 Reply
No problem
I call them all Gartley. My research shows that taking bats you have better risk to reward but you miss lots of winning patterns that complete at 0,786 (my Gartley D-point) instead of 0.886 (Bat D-point). And because of that the overall results stay the same. So, I do not believe there's any reason to distinguish Bats from Gartleys. That's why I call them all Gartley and I always have 0.786 entry.
+1 Reply
Akil_Stokes PRO Alexander_Nikitin
Sounds good!
+2 Reply
Wow Akil! I'm now 400pips strong from your idea...I'm definately joing Trade Empowered. Can I get empowered while down here in South Africa? I want to trade the New York session with you guys

+1 Reply
Sure, we have plenty of clients located in South Africa
nice one)
+1 Reply
Akil_Stokes PRO Alexander_Nikitin
nice chart your target for long is 1253 and then short
+1 Reply
Akil_Stokes PRO HarshRanjan
Thank you
very nice setup Akil Brother here is my take hope you will like it
+2 Reply
Akil_Stokes PRO GoodLuckbabe
As long as you're following your plan then it looks excellent to me
GoodLuckbabe Akil_Stokes
thank you very much
+1 Reply
GOLD - Buying opportunity

haha, now I can say I m empowered. Same thought process, maybe I m heading in the right direction.
+1 Reply
Well done!!
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