On the EUR.USD 15min chart we have a potential short opportunity's at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.0634 & 1.0642
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.0583
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0609
Target 2 - 1.0594
The price reversal zone on this pair is between 1.0634 & 1.0642
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.0583
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0609
Target 2 - 1.0594
Comment:
EUR.USD - D leg completion at 1.0634 now active.
Order cancelled:
Position not executed, price now breaking the X leg resistance which invalidates idea.
Comment:
EUR.USD Bullish Bat setup at 1.0585
