FX:EURGBP   Euro / British Pound
On the EUR.GBP 15min 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 .8865 & .8856
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 .8923
Stop loss would be placed below X leg structure support .

Target 1 - .8893
Target 2 - .8909
Order cancelled
Can we say that this one was/is unsuccessful?

Had a few of these that have failed and are failing though the setups themselves were near perfect. Or should we blame the US?

#Elementary #Learner
TomHall Mr_Gedze
The price never touched the D leg so the trade wasn't considered.
No need to blame anything, simply the market didn't get to an area where we would of liked entry.

+1 Reply
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