I'm Waiting on this Bat pattern to complete before going bullish.
CYPHER SET UP . LET SEE WHERE TIME TAKES US
I have a bat and a butterfly formation/ confluence. Let's see where time take us XAUUSD....
Cypher completion. Journey to the downside begins
Price should come back and fill up that Gap (blue rectangle) in the market and it confluences with my Bat pattern. So
ALMOST HITTING ENTRY. FIB C TO D and 0.382 will be take profit. Set a buy limit
THIS IS JUST A FIBONACCI BASED CALCULATION. LET"S SEE HOW IT GOES.
I got a possible bat AND a Butterfly pattern. Let's wait and see.
Already on a long from completing a cypher , waiting on the purple one to complete and I will go short .
We gotta wait and see how it plays out. these are just possibilities.
Cypher completion and journey to the upside temporarily.
Well there are multiple possibilities here. Personally I would set buy limits at the D points.
If D completes as planned as planned, I'll go long for a scalp.
Let's see where time take us. Gonna enter on completion of either of the D
Completion of the cypher, let's see where market take us :)
It gonna be short for now till either of the D completion. Got a Bat and a butterfly pattern possibility. Let's see what completes first.