Hi All, I wanted to share this potential opportunity here on EURUSD 60M
I wont post details here - you can see Entry and Stop levels along with the potential R:R Ratios on screen
I also noticed the previous structure point - also if you follow this back you can see extra points of structure marked.
it will be interesting to see if we retest the high X leg for the lower BAT or if we just hit 88.6% and bounce off.
We have about 5 structure points above our stop level and 2 structure points below.
Smaller Bat has Major 1.618 FIB Extension from our A to B leg and back down - which is usually standard for these patterns.
Good luck and happy trading as always.
I wont post details here - you can see Entry and Stop levels along with the potential R:R Ratios on screen
I also noticed the previous structure point - also if you follow this back you can see extra points of structure marked.
it will be interesting to see if we retest the high X leg for the lower BAT or if we just hit 88.6% and bounce off.
We have about 5 structure points above our stop level and 2 structure points below.
Smaller Bat has Major 1.618 FIB Extension from our A to B leg and back down - which is usually standard for these patterns.
Good luck and happy trading as always.