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11021992
Jul 19, 2016 10:12 AM

EURUSD small bullish bat pattern Short

Euro Fx/U.S. DollarFXCM

Description

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!

Trade active

Trade closed: stop reached

Comments
11021992
Hit stoploss.
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