Hi guys we got a short opportunity here on the Gold market. As we have a bias that the market could form and complete another pattern which is a bullish bat pattern. Another market opportunity for us to go LONG depending on future price/market action. We have a Bat POR, Price break above will invalidate the bull setup giving us the low chance that the market could go down around 1219.
Short/Sell trade details:
Market is forming kind of a pattern any candle break below close below will trigger sell order. Stops would base on the current ATR(15) as we are trading BO already. Target for a good 1:1 Risk:Reward Ratio upto the very pattern completion for an extended TP. Good luck!
Short/Sell trade details:
Market is forming kind of a pattern any candle break below close below will trigger sell order. Stops would base on the current ATR(15) as we are trading BO already. Target for a good 1:1 Risk:Reward Ratio upto the very pattern completion for an extended TP. Good luck!