I know its been quite a bearish PA on gold for couple of weeks now. I am expecting price to bounce from current level or around 1217. Having said that ,I am willing to take risk and try this long trade for open targets with stoploss at 1234. If it works out this could be a great RR trade.
Clone levels are on chart.
Note: This is not a trade advise, please do you due diligence before placing the trade.
This is not a bat unless the D stopped at 1238.59(0.886XA). but it may be a alternative bat if it stops at 1234(1.13XA). Just personal.
GcNaif
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@kukumalume, yeap for bat d should end at 0.88of xa ,i m flexible with ratios as long as its close enough and still above the X point and for alt bat its 1.13of XA. thank you