TomHall
Short

EUR.GBP - Bearish Bat Setup - 0.7910

FX:EURGBP   Euro / British Pound
On the EUR.GBP 15min chart we have a potential short opportunity at the D leg completion of a Bat Setup.

The price reversal zone on this pair is between 0.7910 & 0.7918
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 0.7861
Stop loss would be placed above X leg structure resistance .

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If price retraces down to the lower structure of the channel we got a buy opportunity on a Cypher, finally some consolidation for us
+1 Reply
TomHall ThomasJeff_DCM
Nice setup mate.
+1 Reply
Proper Tom!
+1 Reply
Thank you :-)
Reply
On the binaries of +! Good man!
+1 Reply
Have a great week.
Reply
nice
+1 Reply
Thanks very much.
Reply
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