XAUUSD: Bearish bat pattern on the hourly
Updated
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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