makindiilete
Short

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
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