FxWirePro
Short

EURUSD forms bearish Bat pattern, good to sell on rallies

FX:EURUSD   Euro / U.S. Dollar
252 1 15
Pattern formed – Bearish Bat pattern.

Major resistance- 1.1370

The pair has formed bearish Bat pattern in the 4 hour chart. The major resistance is around 1.1370 and any minor bullishness only above that level. It is curtly trading around 1.13206.

Any violation above PRZ will take the pair to next immediate resistance at 1.14300/1.14500 in the short term.

On the lower side minor support is around 1.1300 and any break below targets 1.1260 (4H Kijun-Sen)/1.1200 .

It is good to sell on rallies around 1.1340 with SL around 1.1370 for the TP of 1.1260/1.1200.
This is now we look forward
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out