tommyb35
Short

Massive Bearish Bat Pattern

FX:EURUSD   Euro / U.S. Dollar
There is a massive potential bearish bat pattern currently setting up on the EURUSD . Now this pattern is on the Daily Time Frame, so make sure to check your risk. If you use a 1 ATR Stop, you will have 200 pips of risk. If you can handle the risk though, this is a very nice potential opportunity. This will complete at 1.11896 with minimum stops above X at 1.12989. Target 1 will be at the 38.2 Fibonacci retracement level (1.08651) and target 2 at the 61.8 retracement level (1.06646). As always, follow your plan.
Good luck and good trading.
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