Sell on the lower-low lower-close bar after a retest of the trendline. As usual : broke out of the pattern, wait for a retest of the resistance, and sell it off. RSI is kind of low so I'm waiting for the moment. It might also bounce of the 200SMA. *SL, Entry and TP might not be the one I'll use* Trade safely!
EUR/USD has tested a strong daily Resistance Zone at 1.138 and dropped down again. Now this Pair has formed a Bat Pattern and broke out of a ascending Trendline. Now i'll wait for another breakout on a lower Timeframe and enter base on this breakout. SL and TP's are shown in the Chart. Tell me your Opinion about this Analysis in the Comments please. Trade safe, Daniel