lyl89
Long

EURUSD - Bullish Bat Pattern on Daily Chart

FX:EURUSD   Euro Fx/U.S. Dollar
A bullish bat pattern might be completing soon, hopefully in less than a week as we are looking at the daily chart .

PRZ is very close to the bottom of the ED channel, giving more potential to long EURUSD             .

Good risk : reward for TP1 @ 2.17 and TP2 @ 3.63

I will still wait for pattern to complete although RSI is already at oversold level.

I will update if pattern completes.
Comment: Daily price has hit the bottom of my ED channel and i went back up a little.

I'm waiting for price to retrace back to PRZ and RSI to show some bullish divergence before taking a long position.
Trade active: Hi guys, price is retracing back to PRZ.
I will take a long position now using market execution.
Comment: Shifted stop loss to breakeven at 1.0646
Trade closed: stop reached: Trade closed at breakeven. No luck on this one.
Didnt enter too , hope we get good entery
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you are back !! miss your setups mate
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lyl89 GoldHunter
@GoldHunter, yeah was busy the past few weeks. hope your trades are doing well mate =)
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@lyl89, thanks , hope you will be more free for trading , wish you a happy trading day
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