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Jan 27, 2017 12:30 AM

EURUSD - Bearish bat pattern at retest of broken support Short

Euro Fx/U.S. DollarFXCM

Description

I see a potential short entry up at 1.07247.

Nice confluence here. This bearish pattern completion would coincide nicely with a retest of the broken support as well as a 0.618 retracement of the recent bearish impulse which broke the support.

I believe this entry is an opportunity to join the continuation of the larger EURUSD downtrend indicated by the recent 2618 pattern (related idea below)



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Comment

Stop to break-even. Just in case
Comments
limondj90
I think market go down....
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