EURUSD For Those Who Didn't Catch The Bat Pattern

The bearish bat pattern work good for now having pushed price lower from 0.886 fib level. For those traders who din't enter the market at D point, you can wait for price to break the short term support level, wait for a smaller correction and go short.

Profit targets should be the initial 0.382 and 0.618 fib level of the AD move. Stoploss above the D point.

Commentaire:

Breakout has happened. Wait for a consolidation before you go short..