Euro / U.S. Dollar
Short
Updated

EUR.USD - BEARISH BAT SETUP - 1.1193

6707
On the EUR.USD Daily chart we have a potential short opportunity at the D leg completion of bearish Bat setup.

The price reversal zone on this pair is between 1.1193 & 1.1300
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 an opportunity to look for extended targets at around 1.0500
Stop loss would be placed above X leg structure resistance .

Target 1 - 1.0865
Target 2 - 1.0662
Note
EUR.USD - Bullish Bat Setup + TP & SL
Note
Potential resistance levels to be aware of prior to pattern completion.

EUR.USD - Technical Breakdown
Note
EUR.USD - Daily Outlook
Note
snapshot
Note
Buy stop order now in place.
Note
Pending order still in place.

snapshot
Note
Trade now live.
Trade closed: target reached
Awaiting a minor pullback now before another push towards the D leg completion.
Note
What i am now looking for as we break B leg resistance

EUR.USD - Daily & 4hr Chart Analysis
Note
EUR.USD - Short Opportunity
Note
Daily, 4hr and 1hr outlook.

EUR.USD - Long Opportunity

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.