EUR/USD : NEW BAT PATTERN FORMATION AROUND 1.1700 | LONG SETUP ⚡

After our previous Idea in Take profits, the price has fallen to a major level where we expect a rebound, 1.17000.
Here we can see the formation of a fibonacci inversion pattern, the BAT pattern. Furthermore, the presence of a divergence and oversold in the stochastic gives us a further signal of price reversal.