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lyl89
Apr 13, 2017 5:02 AM

EURUSD - Bearish Bat Pattern Completed on H1 Chart Short

OANDA:EURUSD60
EUR/USDOANDA

Description

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  • Terminal bar has formed for the bat pattern
  • RSI is at overbought level, waiting for bearish divergence
  • R:R at 1.5 (TP1) and 2.5 (TP2)


I have been down on a few trades yesterday as I neglected economic news.
Some EUR CPI news in 1 hour, I'll wait till after the news are released before considering a trade.

Comment

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Price has reacted nicely to this pattern.

Comment

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TP1 hit with 35 pips profit.

Trade closed: target reached

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TP2 hit with 60 pips profit.
EURUSDeurusdshortBatBearish BatHarmonic Patternsharmonicforexscottcarney
Comments
LumiDoo
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nice work...good.
lyl89
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@darknigt, thank you =)
too888888
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well trade :)
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