killakai

EUR/GBP Bat Pattern Setup

Long
FX:EURGBP   Euro / British Pound
6
Hi traders, I am currently short this pair due the the overall weakness of the euro and hoping to see price reach the completion point of this bat pattern where I will be profit taking. And then I will look for further analysis along side the bat pattern to build a case for going long. I expect price to stall out once we reach the completion point. With over 1 to 1 risk reward this is a great opportunity. Keep an eye on it. Could potentially get filled tomorrow, especially with all the economic data coming out, or sometime next week.
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