EURUSD small bullish bat pattern
Hi traders,
On the EURUSD we are looking at a potential bat pattern. As long as price doesn't go beyond point A, the pattern will remain valid. Completion is at a value of 1.10305., which is market as point D. This lines up perfectly with two trendlines and previous support.
Entry: 1.10305
Stop: 1.10180
Target 1: 1.10477 = R:RR 1.45
Target 2: 1.10669 = R:RR 3.01
This post will be updated if something happens. Best of luck!
On the EURUSD we are looking at a potential bat pattern. As long as price doesn't go beyond point A, the pattern will remain valid. Completion is at a value of 1.10305., which is market as point D. This lines up perfectly with two trendlines and previous support.
Entry: 1.10305
Stop: 1.10180
Target 1: 1.10477 = R:RR 1.45
Target 2: 1.10669 = R:RR 3.01
This post will be updated if something happens. Best of luck!
Trade active
Trade closed: stop reached
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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.
Related publications
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.