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KyleMcQuade
Mar 11, 2017 5:11 AM

Bearish Bat Short

OANDA:EURUSD240
EUR/USDOANDA

Description

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The EURO/USD as of recently has been in a clear ranging market. Inside the barriers of support and resistance we have a bearish bat formation. If the ranging market is to continue we will see a successful pattern here.

BAT Ratios

B: 0.382-0.5
C: 0.382-0.886
D: 1.618-2.618
XD: 0.886
shortSELLBatHarmonic PatternspatterneuroEURUSDsixfigurecapitaldollar
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