XAGUSD 2 potential bat patterns forming
Updated
Hi all,
After watching my previous XAGUSD pattern fail - the C leg got broken - I am now looking at a new entry point on this pair. Actually found two. Completions of these patterns is at the point D.
Red bat pattern:
Entry: 13.88
Stop: 13.36
Target 1: 14.567
Target 2: 15.060
Blue bat pattern (please note that the stop is pretty high, and therefore makes a lower risk : reward ration than 1)
Entry: 17.33
Stop: 18.512
Target 1: 16.343
Target 2: 15.621
Will keep these charts updated when something happens
Best of luck!
After watching my previous XAGUSD pattern fail - the C leg got broken - I am now looking at a new entry point on this pair. Actually found two. Completions of these patterns is at the point D.
Red bat pattern:
Entry: 13.88
Stop: 13.36
Target 1: 14.567
Target 2: 15.060
Blue bat pattern (please note that the stop is pretty high, and therefore makes a lower risk : reward ration than 1)
Entry: 17.33
Stop: 18.512
Target 1: 16.343
Target 2: 15.621
Will keep these charts updated when something happens
Best of luck!
Note
Red pattern invalid.Blue is still valid.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.