EUR/USD - Bearish Bat

FX:EURUSD   Euro / U.S. Dollar
Hello traders, here we have EUR/USD on the 5min chart with a valid bearish bat pattern.

All-round excellent opportunity with over 1:2 risk to reward.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

The D point forms around a solid resistance zone , I will share more analysis as the pattern progresses.

I'll be looking for additional confirmation before taking the trade!
Trade closed: target reached: Congrats to all who took the trade
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out