TradingView
RCP
Aug 9, 2015 11:21 AM

EURUSD: Big harmonic move Short

Euro Fx/U.S. DollarFXCM

Description

We have nice consolidation phase on FX:EURUSD with the Potential Bearish Bat Pattern, completion @1.1359

I look for the pattern completion at the reversal zone and 200MA (Red is potential MA movement)
We have 1/1 Risk/Reward for Target 1 and 1/1.6 Risk/Reward for Target 2.
Stops go above the structure resist - Red Zone

Wish you a good trading day.
More