EUR.USD - BEARISH BAT SETUP - 1.0634
Updated
On the EUR.USD 15min chart we have a potential short opportunity's at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.0634 & 1.0642
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 C to D move.
There is also opportunity to look for extended targets at around 1.0583
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0609
Target 2 - 1.0594
The price reversal zone on this pair is between 1.0634 & 1.0642
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 C to D move.
There is also opportunity to look for extended targets at around 1.0583
Stop loss would be placed above X leg structure resistance.
Target 1 - 1.0609
Target 2 - 1.0594
Note
EUR.USD - D leg completion at 1.0634 now active.Order cancelled
Position not executed, price now breaking the X leg resistance which invalidates idea.Note
EUR.USD Bullish Bat setup at 1.0585
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.