"EUR.USD - Bullish Bat 1.1741 & 1.1712" by trader TomHall — published December 07, 2017

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Long

Euro / U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro / U.S. Dollar

harmonicpatterns chartpattern trendanalysis ukforexsignals eurusd

Currency pair - EUR.USD
Chart timeframe - 4hr
Area of interest - 1.1741 & 1.1712
Chart pattern - Bullish Bat

Potential target 1 - 1.1826
Potential target 2 - 1.1878
Potential extended target - 1.1905

Comment: D leg completion at 1.1741

Comment: Technicals that confirm the harmonic setup.

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Thx for the analysis

timoz6800

@timoz6800, My pleasure :-)

Are you into this?

ofa

@ofa, Hi,

I'm not currently as it doesn't meet my rules to enter.

TomHall

@TomHall, Could you share some of your entry rules please?

Bidant

@Bidant, Sorry it's not something I disclose for many reasons.

I still think that reversal you are looking for is very likely. maybe by means of a different pattern?
safe trades!

EURUSD trade succesful, stop at least to break even

TimStuyts

@TimStuyts, It's certainly a possibility, great chart setup.

TomHall

@TomHall, have a great trading week!

TimStuyts

@TimStuyts, You too.