JackDale

Alright, EURNOK 2nd Time Around Bearish Bat Short

Short
FX:EURNOK   Euro / Couronne Norvégienne
My last EURNOK didn't go quite well, but thats okay, win some lose some. Anyways, I am going to strike this pair again. Going for a 26.18 and a Bearish Bat pattern at the same time forming.

The 2.618 trade is a great pattern invented by Jason Stapleton, kinda high risk pattern but is great as its always going to have a greater than 1:1 risk reward.. I am paring this 2.618 pattern with a bearish bat, together, will give me less risk more reward.

Lets see, price needs to bounce just a bit higher for me to get in.
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