EUR.USD - Bullish Bat Setup @ Market - 1.0373
On the EUR.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.0373 & 1.0366
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at 1.0461
Stop loss would be placed below X leg structure support .
Target 1 - 1.0413
Target 2 - 1.0438
The price reversal zone on this pair is between 1.0373 & 1.0366
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at 1.0461
Stop loss would be placed below X leg structure support .
Target 1 - 1.0413
Target 2 - 1.0438
Comment:
Although price has exceeded D and X legs, there is still a potential long opportunity.
Comment:
If you executed your position at 1.0373 your target 1 and 2 should have been attained.
Comment:
Learn to trade this setup in 5 easy steps.
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Potential extended targets at 1.0461
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Comment:
If you executed your position at 1.0373 your extended target should have been attained.
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Potential long opportunity in the coming days.