Gold : Going Long before the Short

1 нояб. 2017 г.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

2 нояб. 2017 г.

Сделка активна

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

6 нояб. 2017 г.

Сделка активна

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

13 нояб. 2017 г.

Сделка активна

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

14 нояб. 2017 г.

Сделка закрыта вручную

Exit trade when price created a lower low on H4.
Loss of $6 per contract