KVE
Short

EUR/USD daily: Close to completion of a bearish bat!

FX:EURUSD   Euro Fx/U.S. Dollar
466 2 17
8 months ago
On the weekly chart we're getting close to touching the MA(100) with some room left for upward movement.
Therefor I went looking for short setups on the daily... This is one possibility to get short, a possible bearish bat , and it's actually very near completion...

We also have a possible AB=CD finishing a little higher than where the bat completes so keep that in mind!

The trendline is also getting close again, however always watch out with trendlines , they can be very subjective, if in doubt look for confirmation on smaller TF's in the form of possible ending wave structures or candle formations in conjunction with highly overbought conditions or momentum divergence!

8 months ago
Comment: This was the weekly chart which made me look for shorts...:https://www.tradingview.com/chart/EURUSD/kVkCScXV-EUR-USD-Possible-short-opportunity-in-the-coming-weeks/
8 months ago
Comment:
EUR/USD: Possible short opportunity in the coming weeks
8 months ago
Trade active
8 months ago
Comment: Nice pullback so far!
8 months ago
Comment:
snapshot
8 months ago
Comment: Took partial profit on TP1 and trailed SL to 1.1455 on all remaining shorts...
8 months ago
Comment: TP1 coming up...
6 months ago
Trade closed: target reached: All targets met...

Related Ideas

Ha-ve
8 months ago
The figure is not correct constructed.
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KVE PRO Ha-ve
8 months ago
Why is that?
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