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DanielParra99
Mar 15, 2018 8:10 PM

EURUSD (Bullish Bat Pattern) -15 min Chart Long

Euro Fx/U.S. DollarFXCM

Description

Confirmations for Bat Pattern:
- A-B must touch 0.5, but cannot touch 0.618
- B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236
- D completion at 0.886 (Fibo X-A)
- take profits at 0.382 and 0.618 (Fibo A-D)

If price doesn't react right now, it will retrace to 0.886 for bullish impulse
Good Trading

Trade active

Lower Low at Previous Support

Trade closed: target reached

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