Bearish Bat Formation 1Hour Chart
Updated
Price action has formed a Bearish Bat formation after its recent pullback into a previous support area 110.700. which also is a 0.618 fib retracement area!
Currently have taken 2 positions looking to take first targets off at
1st target : 109.932
2nd target : 109.114 (second target will be trailing my stops!)
Currently have taken 2 positions looking to take first targets off at
1st target : 109.932
2nd target : 109.114 (second target will be trailing my stops!)
Trade active
Target 1 Hit stops moved to break even!Trade closed: target reached
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