A bullish bat pattern has completed on this pair. We have oversold conditions inline with 0.886 retracement of leg AD as well as stochastic divergence. There is a nice hammer candle stick indicating reversal in trend and on the 60 minute chart we have a bullish engulfing.
Comment:
Target 1 reached. +103 pips
Trade closed: target reached:
Target 2 reached. + 37 pips.
Total: +140 pips
Total: +140 pips