EUR.USD - Bullish Bat Setup @ Market - 1.0373

Dec 20, 2016

On the EUR.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.

The price reversal zone on this pair is between 1.0373 & 1.0366
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at 1.0461
Stop loss would be placed below X leg structure support .

Target 1 - 1.0413
Target 2 - 1.0438

Dec 20, 2016

Note

Although price has exceeded D and X legs, there is still a potential long opportunity.

Dec 21, 2016

Note

If you executed your position at 1.0373 your target 1 and 2 should have been attained.

Dec 21, 2016

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Learn to trade this setup in 5 easy steps.

Dec 21, 2016

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Potential extended targets at 1.0461

Dec 21, 2016

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Dec 22, 2016

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If you executed your position at 1.0373 your extended target should have been attained.

Dec 23, 2016

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Dec 26, 2016

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Potential long opportunity in the coming days.