Oztrade
Short

POTENTIAL - EURUSD - BEAR BAT - 60M

FX:EURUSD   Euro / U.S. Dollar
494 9 6
Hi All,

I quickly wanted to share this Bearish Bat we see here almost at Market.

Happy Trading
Oztrade Trilo
Thanks Trilo - I took profits early on this trade +40 - I noticed Previous Resistance became support and now we have had a break and close above the original X leg. Thanks for providing this analysis.
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Trilo Oztrade
Hi. That was a difficult Bat pattern. This is my current view on the pair. :)

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Oztrade Trilo
Yeah I noticed this as well, great work, I believe if we break out and continue bullish we will test somewhere between 1.13897's and 1.14413's
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Oztrade Oztrade
It was difficult I was hesitant to publish it - but there was some signs of confluence for reversal, I guess the hardest part is when we publish our idea's other traders not knowing what we are looking at while in the trade for signs of early exit. I noticed the small retrace had found support from a previous structure level and only a minor 38.2% retrace. Makes sense to exit early when we see this signal.
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Keep your eye on this trade M15 has a rising channel.
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Good eye, I'm got my eyes on the same thing, just a few pips from getting my fill. Good luck!
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Oztrade Akil_Stokes
Thanks Akil, trained by the best Trade Empowered haha
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