TheForexSamurai

Short on the Bear Bat for short term

Short
FX:EURUSD   Euro / U.S. Dollar
9
Hi guys. we got a short opportunity here on the EURUSD. And take note that as for my bias on this market i am bullish. Check related Ideas about this market. I can expect for a formation of cup and handle on this one (market can potentially form its handle). A break above the cup and handle will trigger our buy stop order and stop out on our short position.

Bat pattern:: 1.079
TP1: 1.0676
TP2: 1.0606
Stops would be above the Bat X point structure

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.