Swerver
2 months ago

Thanks for sharing

Dont forget the BAT at Brexit low also, makes for a further retracement on structure.
The current XAD of the BAT has a case as its rebounded of the Bullish Trend-line. (maybe just a reaction?)
What I would like to see is another push down to confirm an entry.

EURUSD - Bullish BATS - DAILY - Potential LONG
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Stink Swerver
2 months ago
I agree a retest would give that confirmation that the support is in place :)
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Swerver Stink
2 months ago
its a DAILY and no rush, going to wait till Monday and see where we are, looks promising :)
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Stink Swerver
2 months ago
Yeah a nice double bottom forming :)
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Swerver Stink
2 months ago
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 value of the PRZ for both patterns.

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
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Swerver Swerver
2 months ago
**The XAD is the value of the PRZ for both patterns to touched to be complete
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