ChrisThein
Short

EUR/USD Bearish Bat 30 min or Dead Cat Bounce retest

FX:EURUSD   Euro Fx/U.S. Dollar
There is potential Bearish Bat on the 30 min. There is also a 1.618 fib ext correlation in the same zone. I would look to get short around 1.1369 with my stop above the swing high at 1.1435 and a target at 1.1087. The target is a .618 fib retrace from the entry price. This is of course, if price breaks and closes above the .50 fib zone. Also, this .50 fib zone could be a potential retest in the Dead Cat Bounce area. Good luck trading out there.
MarshaIII
5 months ago
THAT CAT IS SO DEAD
Reply
ChrisThein PRO MarshaIII
5 months ago
Its bouncing off that .50% fib zone really well.
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