On the EUR.USD 15min 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 1.0585 & 1.0578
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 1.0642
Stop loss would be placed below X leg structure support.
Target 1 - 1.0609
Target 2 - 1.0625
The price reversal zone on this pair is between 1.0585 & 1.0578
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 1.0642
Stop loss would be placed below X leg structure support.
Target 1 - 1.0609
Target 2 - 1.0625
Comment:
EUR.USD - Short Opportunity at 1.0642
Trade closed: target reached