AdamHong

EURUSD:A Bullishe Bat pattern and the Demand zone

Long
AdamHong Updated   
FX:EURUSD   Euro / U.S. Dollar
3
A bullish BAT pattern is forming and the price has entered the demand zone;1.618EXT of the AB is at 1.097 at the same time.
So I will open long position at 1.099-1.095 levels.
SL:1.094
TP1:1.113
TP2:1.122
Trade active:
The 0.618 retracement has reached,and if you did not open your position yesterday,now it is the second chance for your trade.
Comment:
Although the market pulled back too much,SL has still not been hit.
Trade closed: stop reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.