EURUSD Bat Pattern Developing For A Bull Entry:
1. 0.886+1.618 Fib confluence is where it completes and gives us an entry for Long
2. As the overall trend is still down on weekly, we can target 38.2 retracement level as target.
3. Stop will be just below 1.13 fib extension.
1. 0.886+1.618 Fib confluence is where it completes and gives us an entry for Long
2. As the overall trend is still down on weekly, we can target 38.2 retracement level as target.
3. Stop will be just below 1.13 fib extension.
Trade active
Trade active:
another position entered:
Trade active:
Profit targets and stop loss levels adjusted as per fibonacci
First Profit Target:1.10621 (38.2 Fib Level)
Second Profit Target:1.11068 (61.8 Fib Level)
Stop Loss: 1.09725
First Profit Target:1.10621 (38.2 Fib Level)
Second Profit Target:1.11068 (61.8 Fib Level)
Stop Loss: 1.09725
Trade closed: target reached:
first target reached. Second target awaited.
Extended target also placed:
Extended target also placed:
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