On
EURUSD
, the market has no direction bias. It moves sideways, where Bat pattern appears, which is a great opportunity for entry. This set-up gives us nice risk/reward.
As it can be seen that, the price already hit D leg at 88%, retraced the market. Aggressive traders can enter market, while more conservative traders wait patiently to make double top at 88% and then enter.
T1 - 382%
T2 - 61.8%
As it can be seen that, the price already hit D leg at 88%, retraced the market. Aggressive traders can enter market, while more conservative traders wait patiently to make double top at 88% and then enter.
T1 - 382%
T2 - 61.8%