Hi traders,
On the EURUSD 15MIN timeframe we have a potential bullish bat pattern taking shape. Entry and completion at point D.
We can see the 161.8% Fib extension of the A-B-A movement and the 100% Fib extension of the A-B-C move (which we would call an AB=CD pattern).
Entry: 1.06117
Stop: 1.05992
Target: 1.06438 = R:RR 2.57
Good luck traders! Updates will follow.
On the EURUSD 15MIN timeframe we have a potential bullish bat pattern taking shape. Entry and completion at point D.
We can see the 161.8% Fib extension of the A-B-A movement and the 100% Fib extension of the A-B-C move (which we would call an AB=CD pattern).
Entry: 1.06117
Stop: 1.05992
Target: 1.06438 = R:RR 2.57
Good luck traders! Updates will follow.
Trade closed: target reached:
Perfection.
