Bullish Bat Pattern on USDMXN 15 mins chart Long

U.S. Dollar/Mexican PesoFXCM

Description

⋅ Jan 26, 2017 8:25 PM

There seems to be a potential bullish Bat Pattern forming on the FX_IDC:USDMXN 15 mins chart.

Entry for long: 20.9231

Take Profit: 21.0872
Stop Loss: 20.8402

A good risk reward ratio of 1:2

Order cancelled

⋅ Jan 27, 2017 5:45 AM

Price made an upmove without retracing to complete D. Pattern invalidated.