Hi traders!
We have a bullish bat pattern in XAU/USD.
To take this position consider the following:
1) First, the price has to breakout the dynamic channel specified at the graph
2) Second, the structural resistance level has to be broken.
When the two levels (bearish resistance channel and resistence level) have been broken, you could enter the position.
Good trades :)
We have a bullish bat pattern in XAU/USD.
To take this position consider the following:
1) First, the price has to breakout the dynamic channel specified at the graph
2) Second, the structural resistance level has to be broken.
When the two levels (bearish resistance channel and resistence level) have been broken, you could enter the position.
Good trades :)