fximperija

Bearish EURUSD?

Short
FX:EURUSD   Euro / U.S. Dollar
2
Nice to have multiple win. for same currency, comes in handy to evaluate different setups emerging on same pair.

1. Bear bat small
Already triggered @3635 with expectation that the price will stay inside the bearish channel. The pattern is draw from the lower point of the bearish impulse leg, minor res. line, completing into the lower boundary of PRZ.

2.Bear bat big
Same pattern type but drawn from the high using the whole range of the bearish impulse leg. The completion comes into the higher boundary of the PRZ testing the previous high with potential to break it creating a new HH outside the bearish channel which might suggest a trend change.

3. ALt. bear bat small
The completion of this pattern comes right into the S/R zone. Entry should be carefully observed and performed upon PA. PA might turn south at this point at res. or cont. to complete the bigger bat pattern.

Conclusion
These 3 same pattern types suggest a bearish PA behavior.

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