We can see two harmonic patterns forming on gold , the larger pattern of the two is a bat pattern with entry at 88.6% of XA and the stop at 100% of XA .
However , the smaller of the pattern being shown is a reversal pattern allowing us to enter the bat pattern while using a much smaller stop loss.
However , the smaller of the pattern being shown is a reversal pattern allowing us to enter the bat pattern while using a much smaller stop loss.
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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.