We are offered a pattern that would complete in an area that has been proven to be a couple of times in the recent past, hence a good area to look for a reversal.
Bat patterns usually offer quite decent RR ratios and we can see the same here :
TP1 : approx 1.5 RR for a 65 pips potential profit (stop loss 47 pips) with the entry @ 0.7089
TP2 : approx 2.2 RR for a 105 pips potential profit
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