BoonHooi

Gold : Going Long before the Short

Largo
BoonHooi Actualizado   
FX:XAUUSD   Oro al contado/Dólar estadounidense
I see a bearish Bat pattern completing higher at around the 1348 levels.
However in the H4 chart, it just broke above the channel, giving it a bullish hint.

I am looking to go long first towards the completion of the Bearish Bat pattern
Operación activa:
Trade is back around my entry level. Was in the negative territory the entire time from the moment I entered.

Will be cautious and exit the trade if price falls back into the channel
Operación activa:
Price seems to be holding above the 1268 levels.
I am still in the position, currently down $8 per gold contract.
SL placed below 1260
Operación activa:
Price has been moving in and out of the money and now hovering around my break even point.
Will evaluate the trade again tomorrow and exit if it is not heading anywhere
Operación cerrada manualmente:
Exit trade when price created a lower low on H4.
Loss of $6 per contract

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