EURUSD 60, Bat pattern completion, also trend continuation
Yesterday I have mentioned this trade in my comment in EURUSD 4H. Bearish trend continuation with BAT pattern completion, RSI oversold, hidden divergent and 2 days ago broke below the support level (retracement to that previous support level). Target 1 will be at fib 0,382. Target 2 with trailing stop, potential extended target especially when the price level will close below the A point of the bearish bat.
Note
Target 1 hit.. .unfortunately there was a bullish rotation, so the target 2 was break even
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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.