JakubJirka
Short

Are Bearish Bats flying into EURUSD?

FX:EURUSD   Euro / U.S. Dollar
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.
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.
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.
Trade active: Second trade from the end of D wave of the bat formation is active now. Awaiting US PMI data.
Trade closed: stop reached: Stop was triggerred on 1.0630 level above D.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out