interesting short opportunity on EURUSD 4H

FX:EURUSD   Euro / U.S. Dollar
yellow area shows possible area of reversal, indicating short opportunity.

  • bat completion at 1,618
  • fib confluence ( extensions and inversions)
  • structure (resistance levels), the 2 highest levels are waiting for their 3th hit
  • ABCD completion

SL should be placed above structure level, preferable arround 1.150 even, green area shows maximum TP zone, but recommended to put target levels on 0.382 and 0.618 retracement of last leg of the move

Let me know what you think!
That hit the spot and turned down perfectly from there. Well done.
+1 Reply
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