EURUSD: Bullish bat pattern near current market price
Hi traders,
On the EURUSD we can see a potential bullish bat pattern completing soon. I have chosen this entry, because it is the 161.8% Fibonacci extension of the AB move. This also gives a better R:RR than the normal entry.
Entry: 1.06361
Stop: 1.05942
Target: 1.07282 = R:RR 2.20
Good luck traders! I will be updating this chart as time progresses.
On the EURUSD we can see a potential bullish bat pattern completing soon. I have chosen this entry, because it is the 161.8% Fibonacci extension of the AB move. This also gives a better R:RR than the normal entry.
Entry: 1.06361
Stop: 1.05942
Target: 1.07282 = R:RR 2.20
Good luck traders! I will be updating this chart as time progresses.
Trade active
Trade closed: stop reached
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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.
Related publications
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.