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Nenes92
Apr 7, 2020 11:00 AM

High probability for EURUSD to form this bearish bat Long

Euro Fx/U.S. DollarFXCM

Description

Hi guys! unfortunately , i cannot have posted this one yesterday like i wanted to do because I was banned by the gestapo.. aahh by the way , with luck i took an hedge yesterday on the red circle (took a long and a short position to let the market decide) and so that worked, I don't recommend to do this but exceptionnaly it can work and let you without headache or potential loss.

And so that's all find a pullback in lower time frame or an inside bar in 4H to enjoy the rest of the trend , it stay with 500 pips more to ride

Comment

yesterday after breaking up the ascending channel price provide us a nice bullish momentum today so that's the day to enter long on this one
Comments
mayomim
yes good but i think is dropping because of covid 19
Nenes92
@mayomim, yes possible too, i think it's more wise to way for the breaking support or to short high enjoying this bearish harmonic
Dave-FX-Hunter
It is very interesting analysis, thanks
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