Hi traders,
On the XAUUSD we have a potential bearish bat pattern completing around the 1205 area. This is a previous structure area on the daily and weekly timeframe.
Entry: 1204.89
Stop: 1210.73
Target: 1193.22 = R:RR 2
Good luck traders! Updates will follow as time progresses.
On the XAUUSD we have a potential bearish bat pattern completing around the 1205 area. This is a previous structure area on the daily and weekly timeframe.
Entry: 1204.89
Stop: 1210.73
Target: 1193.22 = R:RR 2
Good luck traders! Updates will follow as time progresses.
Note
Entry is right at the 161.8% Fibonacci extension.Trade active
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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.
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.