EURUSD - Bearish Bat Pattern Completed on H1 Chart
Updated
- Terminal bar has formed for the bat pattern
- RSI is at overbought level, waiting for bearish divergence
- R:R at 1.5 (TP1) and 2.5 (TP2)
I have been down on a few trades yesterday as I neglected economic news.
Some EUR CPI news in 1 hour, I'll wait till after the news are released before considering a trade.
Note
Price has reacted nicely to this pattern.Note
TP1 hit with 35 pips profit.Trade closed: target reached
TP2 hit with 60 pips profit.
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