Trading_Jazz
Short

Shorting the BAT // Friendly Risk/Reward setup ®

FX:EURUSD   Euro Fx/U.S. Dollar
Taking the Adventurer Shot at FX:EURUSD             ;)

ATTENTION this is MY counter-trend trade setup... NOT A CALL, please do not regard as incentive!
Normally, trading against the trend has its consequences...

Targets for BAT pattern:
TP1 38.2% AD
TP2 61.8% AD
SL above previous structure highs;

Extremely Overbought on 4h chart, with an 80/20 RSI configuration, which assures me that we are facing a situation of extreme overbought or oversold... (to then create an entry "case" in lower timeframes);

Overbought on Daily chart ,above the 80's, i will take a risk based on 4h chart and previous structure, and based on the Bat pattern completed last Friday evening.(Today, the price went slightly higher than expected for this Bat pattern , but stills a nice short opportunity taking it this pattern in consideration).

Safe trades;
* find a suitable entry point
Training Sessions:
Mentor @ http://www.uvesty.com/mentorings/34-andre-pinto-cardoso

Educational Videos: https://youtu.be/0adc-hwvmQM

(for 1-1 mentorship - just whisper me at Skype Trading Jazz)
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out