On the EUR.GBP 4hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between .8321 & .8296
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 an opportunity to look for extended targets at .8500
Stop loss would be placed below X leg structure support.
Target 1 - .8401
Target 2 - .8452
The price reversal zone on this pair is between .8321 & .8296
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 an opportunity to look for extended targets at .8500
Stop loss would be placed below X leg structure support.
Target 1 - .8401
Target 2 - .8452