TomHall
Short

EUR.USD - Daily Bearish Bat Pattern

FX:EURUSD   Euro Fx/U.S. Dollar
On the EUR.USD Daily chart we have a potential short opportunity at the D leg completion of a Bat Pattern

The price reversal zone on this pair is between 1.1385 & 1.1487
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

161.80% & 88.60% Fibonacci confluence at the D leg completion.

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the A to D move.
Stop loss would be placed above X leg structure resistance .

http://www.UKForexSignals.com

http://www.Instagram.com/UK_Forex_Signals

http://www.Instagram.com/Tom_Hall_Official
Website: http://www.UKForexSignals.com
Instagram: http://www.Instagram.com/UK_Forex_Signals
Instagram: http://www.Instagram.com/Tom_Hall_Official
Twitter: http://www.Twitter.com/Tom_H_Official
StockTwits: http://www.StockTwits.com/TomHall
Facebook: http://www.Facebook.com/UKForexSignals
EU WAS craZY trading yesterday. My daily chart Eur/inr (www.nseindia.com) showed bullish trend. Getting out of long now. good chart
+1 Reply
Thanks very much, best of luck in the rest of the week.
Reply
Hello.
Strange. But everything still confirms me that we have to trigger the entry. Mine is near yours.
what the hell is eur usd doing.
+1 Reply
TomHall TOP OLIGARCH
Hi,
Although price action has been bullish, we have been seeing bearish divergence on the RSI so we will have to see if we can get a push to the downside.
Reply
OLIGARCH TomHall
I think it is the start of massive short. What do you think?
I guess we wont make it back to the entry...
+1 Reply
TomHall TOP OLIGARCH
It is certainly possible, we could just be seeing a minor retracement before another push higher, we will have to wait and see.
Reply
OLIGARCH TomHall
Everything tells me that we SHOULD get higher, so I hope we will.
Reply
Nice man, im looking at the same thing inverted.

USDEUR buy the bat pattern
+1 Reply
TomHall TOP olly_price
Very nice setup mate, best of luck.
+1 Reply
Different prospective.
+1 Reply
TomHall TOP arif_awan
very colourful :-)
Reply
This morning's technical breakdown on EUR.USD

snapshot
Reply
EUR.USD Bat Pattern - D leg completion.
This trade is now live.
Reply
You got filled?
+1 Reply
TomHall TOP OLIGARCH
I did indeed.
Reply
Strange, if your entry is in your chart, it could not trigger it.
It has to go little higher before going down. So I am waiting for my entry to trigger.
+1 Reply
TomHall TOP OLIGARCH
Orders are front run, as we have to take into consideration the brokers spread.
Reply
OLIGARCH TomHall
Agreed. But I think it has to go little higher. It has to.
+1 Reply
TomHall TOP OLIGARCH
As long as you stick to your plan, that's all that matters.
Reply
OLIGARCH TomHall
Ahhh.. the only thing that I didn't notice - http://postimg.org/image/ghw9i0dub/
Damnit!!! Did I miss the sell because of this. lol
+1 Reply
TomHall TOP OLIGARCH
It all depends on your strategy, depending on where your stop loss would be placed then your risk reward would still be ok but stick to your plan.
Reply
Stop loss moved to breakeven as price approaches Target 1
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out