xela75

Bullish Bat at EURGBP

Long
xela75 Updated   
FX:EURGBP   Euro / British Pound
Check EURGBP where we could see another Bat formation. If market loses quick, the formation could validate today before market close. Then do not enter if you don't want to hold positions over the weekend.

Entry: 0.88403
S/L: 0.87945
Target 1: 0.89031 (RR: 1:1.37)
Target 2: 0.8946 (RR 1:2.31)

If both target are hit and you split for both targets 50/50, the overall RR is 1:1.84.
Comment:
Get ready for this setup. Price action moves towards the entry.

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