Hi traders,
On the EURUSD we are looking at a potential bat pattern. As long as price doesn't go beyond point A, the pattern will remain valid. Completion is at a value of 1.10305., which is market as point D. This lines up perfectly with two trendlines and previous support.
Entry: 1.10305
Stop: 1.10180
Target 1: 1.10477 = R:RR 1.45
Target 2: 1.10669 = R:RR 3.01
This post will be updated if something happens. Best of luck!
On the EURUSD we are looking at a potential bat pattern. As long as price doesn't go beyond point A, the pattern will remain valid. Completion is at a value of 1.10305., which is market as point D. This lines up perfectly with two trendlines and previous support.
Entry: 1.10305
Stop: 1.10180
Target 1: 1.10477 = R:RR 1.45
Target 2: 1.10669 = R:RR 3.01
This post will be updated if something happens. Best of luck!
Trade active
Trade closed: stop reached
