Euro / British PoundShort
EURGBP | Bearish Bat + Bearish flag pattern
EURGBP | Bearish Bat + Bearish flag pattern
- Bearish Bat point-D validated?
- Bearish flag pattern indicates down trend
+ Stop loss is your friend
+ Take profit depends on your risk appetite
Harmonic Bat Pattern:
Point-B | 38.2% - 50% of XA
Point-C | 38.2% - 88.6% of AB
Point-D | 88.6% of XA
PRZ | 161.8% - 261.8% of BC
- Bearish Bat point-D validated?
- Bearish flag pattern indicates down trend
+ Stop loss is your friend
+ Take profit depends on your risk appetite
Harmonic Bat Pattern:
Point-B | 38.2% - 50% of XA
Point-C | 38.2% - 88.6% of AB
Point-D | 88.6% of XA
PRZ | 161.8% - 261.8% of BC
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.