Swerver
Long

EURUSD - Bullish BATS - DAILY - Potential LONG

FX:EURUSD   Euro Fx/U.S. Dollar
89 2 1
2 months ago
EURUSD - Bullish BATS - DAILY

Looks like a reasonable turning point.
We have already seen the reaction of yesterdays candle of the first pattern, retracing hard off BCD in the PRZ.

RIS BAMM pattern Divergence.

Would like to see another dip below before riding the FULL DAILY pattern, looks for trades on lower TF's
2 months ago
Comment: Just a quick look today, looks like a reaction only from the 1st pattern
The BAT at structure and Butterfly are completing in the same price range for confluence.
The current candle has closed right on the AB=CD of the Butterfly
The XAD is the last value of the PRZ for both patterns to be touched to complete

OPTION 2
If we gap through the PRZ on Monday, 90% chance a continuation downtrend and we sell on the retest of XAD :)

I have a bearish Bias on the Euro right now, so maybe at best we see some reactionary trades?
A few days will tell us.

snapshot
2 months ago
Trade active: Picked 1/2 parcel at XAD of Butterfly

This is the last PRZ value for both patterns
Swerver
2 months ago
I was sick and missed this trade, as expected the BAT at structure reversed almost exaclty on XAD
Strong Divergence and nice reaction from the PRZ.
Reply
Swerver Swerver
2 months ago
Well good thing we missed the first trade we got another chance at the better position
Reply
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