umeh_barry

Approching critical reversal region and bullish bat pattern.

Long
umeh_barry Updated   
FX:EURUSD   Euro / U.S. Dollar
A critical support at 1.21998 which was previous resistance is being approached. A bullish bat pattern at this point also gives confidence of a potential long position. The bollinger band also shows that price is in oversold conditions. These three confirmations gives me the confidence of a bullish pattern. Tp can be expected at 1.25235.
Comment:
Great move guys. Take profits and modify stop loss to solidify profits. Would give more updates later
Trade closed: target reached
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