JakubJirka
Short

Are Bearish Bats flying into EURUSD?

FX:EURUSD   Euro Fx/U.S. Dollar
12 days 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.
12 days 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.
11 days 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.
11 days ago
Trade active: Second trade from the end of D wave of the bat formation is active now. Awaiting US PMI data.
9 days ago
Trade closed: stop reached: Stop was triggerred on 1.0630 level above D.
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