Alexander_Nikitin

eurusd stop and reverse technique

Long
FX:EURUSD   Euro / U.S. Dollar
Hello, traders. Suppose we'll see a second bat completion. I have adjusted my first bat's target2. I'm going to buy two units at second bat's D. First unit is to close my short position and the second unit is to open long. This technique is called stop and reverse. Make sure you have checked my new "Thoughts about bat pattern" edition. As usual there're many tips and hints:
Look for the last two editions in the related ideas links

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.