captain_smollett

XAUUSD. Possible Butterfly pattern

FX:XAUUSD   Gold Spot / U.S. Dollar
Possible butterfly pattern forming at key support/resistance levels.

To confirm, current wave down shouldn´t exceed 1308. I will try a small long at 1312 which is a key resistance level
Comment:
Amended the pattern as per chart below: it gets invalidated if daily candle closes above 1333
Trade active:
Shorted 1327. SL: 1350. TP: 1281
Comment:
Moved to breakeven
Order cancelled:
The pattern is not valid anymore but I keep my short. Will try to post another chart with possible targets

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If there is no strategy that has proven itself successful, please do not trade with real money!
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