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Art_of_Trading

EURGBP: Potential Bat Pattern / Trendline / Trend (All in ONE)

Short
Euro / Livre Sterling (FX:EURGBP)  
Art_of_Trading  
FX:EURGBP   Euro / Livre Sterling
Trend Lines trend trendtrading trendcontinuation Bat Harmonic Patterns Harmonic Patterns Fibonacci fibo reward structure EUR EURGBP GBP (British Pound)
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trendline trend trendtrading trendcontinuation batpattern harmonicpatterns harmonicpatterns fibonacci fibo reward structure eur eurgbp gbp-british-pound
On EURGBP , we have clear downtrend; price makes Higher High and Higher Low on 1H chart bar; it supported by Trendline.

Also, potential Bat pattern appears, which increase the probability rate of this set-up. If price finishes the Bat pattern, it could be a good opportunity to go short at Trendline, at 0.73178
T1 - 38.2%
T2 -61.8%
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