MikulovicFOREX

Gold developing harmonic bearish bat

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
Harmonic bearish bat currently forming on 4h timeframe.

I published this last night:


It shows how we started to reverse after hitting the minimum profit target of the deep crab harmonic pattern that formed on the daily timeframe.
Once we see the break of the channel I was expecting price to move further to the upside.

Now I went down to the 4 hour charts to come up with a decent entry point for this trade, only to spot the potential bat...

The momentum is very strong, and im expecting this pattern to complete just below 1508$

I want to thank you all for the support and especially those of you who has been following me since the beginning and those of you who keep supporting my charts.

Thank you so much

Please give the chart a like as a sign of your support and leave a comment in the section below.

God bless and happy trading
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