Once again we are looking at XAU/USD on a 4h chart with a potential buying opportunity in the near future. I'm loving the look of this, you can see we are currently trading within a channel testing major turning points in the market which has provided us with our future outlook on price direction.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
Do you want more trading inspiration? Connect with me below :)
Instagram: instagram.com/lewglasgow
Facebook: facebook.com/lewglasgow
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
Do you want more trading inspiration? Connect with me below :)
Instagram: instagram.com/lewglasgow
Facebook: facebook.com/lewglasgow
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.