Anyhow, in fact, if prices do reach the completion of that bat, I will be in a buying mood again! But really, I don't have high confidence that this POTENTIAL bat will complete. But you never can know for sure! It's there nonetheless.
I have posted on the chart where the "standard" TP's for the completed bat are. TP1 was already reached for a nice quick +49 pip profit if you were inclined to take that. I didn't. That's why I did not post on it before. I've also placed the TP2 on the chart as well. IF prices were to get to the TP2 before the NFP today, it might not be a bad idea to take profit there and avoid the NFP altogether. Something I'll consider if it happens.
MY TRADE PLAN
Of course I'm holding fast to my LONG position I already have. But if that bat does fill, I will be looking to buy again as this kind of price action is very bullish! But.....I will be moving my stops on my existing LONG position to just below the D point of the completed bat that triggered this trade as now with the latest PA, if prices were to get through that point, it would stand to reason that prices may start heading down. And if it does take out this trade, I'll start to look for some kind of move to occur.
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
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Since you have just joined Tradingview (and welcome BTW! I may sound hostile but really I'm being so!), you probably have not seen my previous posts. So you would be forgiven if you do not know that I have already predicted a drop coming in the EUR from OVER A MONTH AGO. But not as low as you are saying though. You can go see my post for that. As I said, everything I say is documented here.