Price has been moving in a parallel channel from the low of 1.09964. The PRZ of the Bearish Bat lies in an area of supply, therefore the completion of this pattern will give us a good opportunity to short this pair.
However, long opportunities are also there for traders who wish trade bounces off the lower channel.
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.