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MaxLeverage
Jun 16, 2015 8:07 AM

EURUSD massively overbought Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD seems to be way overbought with bearish stochastic RSI divergence and making lower highs. Also This bullish bat fits like a glove on the daily chart and is still in play from last weeks high. EURUSD wont be a long until the D point of this bat below 1.06 my short take profit is at 1.07 and using a wide stop loss which is at the top of the daily cloud.
Comments
RobinBu
T.A. is not everything.
appreciated
GASTANTheCat
looks valid
CIKTradingCapital
ecastroy
I agree. My only question is how reliable is this BAT pattern? . Thank you.
MaxLeverage
its in play at the moment so we will see soon
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