JakubJirka
Short

Are Bearish Bats flying into EURUSD?

FX:EURUSD   Euro Fx/U.S. Dollar
4 months ago
There is a nice Bullish Bat harmonic formation forming up in EURUSD             that could be supported by today´s US PMI numbers. If we hit 1.0620 I would go for small short position to 1.0560.
4 months ago
Trade active: We had a touch on 1.0614 where I closed my small long that started on 1.05877. For more agresive entry we can enter short at 1.0614 or wait until US PMI news where price should be around 1.0620.
4 months ago
Comment: After negative trade balance data we have EURUSD raising back to area of 1.06 to 1.0620 where I expect reversal on US PMI data and even though we broke out of 4h channel I expect this small reversal back to 1.0550 area.
4 months ago
Trade active: Second trade from the end of D wave of the bat formation is active now. Awaiting US PMI data.
3 months ago
Trade closed: stop reached: Stop was triggerred on 1.0630 level above D.
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