glennmercer
Long

EURUSD Bat Complete! Buying the Pullback

FX:EURUSD   Euro Fx/U.S. Dollar
Hey traders! I like a long position here, but I want to buy the pullback to the unhit daily pivot which will yield a higher R/R and eliminate that bearish magnet. The .5 bat target is highly confluent, with another .786 fib and a missed daily pivot at the same level. I want to move quickly to breakeven after the trade is active. I will update with another idea if I take the long. Stay tuned!
Follow me on twitter: @gmercerfx
Shoot me an email: gmercerfx@gmail.com
Fxtoronto PRO
2 months ago
Hie glen, another very similar setup to yours
Looking to buy the pullback myself if it creates a reversal pattern like a wedge or a channel
EURUSD Buy setup
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Fxtoronto PRO Fxtoronto
2 months ago
snapshot

The reversal pattern makes me think that our orders will get filled around 1.01 area
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