EUR/USD Bullish Bat Pattern
A couple of long opportunities for EUR/USD, though most
targets will probably be hit after the Easter holidays
and also depending largely if the pattern holds (pattern is
invalid if price closes below 1.22677 - Extension 3.140 of BC).
Three potential long trade, each as always with a 2:1 RvR
ratio.
Trade 1
Entry: Close above 1.23188
S/L: 1.22919
T/P 1: 1.23438
T/P 2: 1.23726 (Point B)
Trade 2
Entry: Close above 1.23730
S/L: 1.23487
T/P: 1.24216
Trade 3
Entry: Close above 1.24216
S/L: 1.23943
T/P: 1.24763
Happy trading
A couple of long opportunities for EUR/USD, though most
targets will probably be hit after the Easter holidays
and also depending largely if the pattern holds (pattern is
invalid if price closes below 1.22677 - Extension 3.140 of BC).
Three potential long trade, each as always with a 2:1 RvR
ratio.
Trade 1
Entry: Close above 1.23188
S/L: 1.22919
T/P 1: 1.23438
T/P 2: 1.23726 (Point B)
Trade 2
Entry: Close above 1.23730
S/L: 1.23487
T/P: 1.24216
Trade 3
Entry: Close above 1.24216
S/L: 1.23943
T/P: 1.24763
Happy trading