Potential Bullish Bat forming on the EuroDollar

FX:EURUSD   Euro / U.S. Dollar
Looking at the H4 chart (just a little cleaner than the hourly but still valid on both), we could be potentially tracing out an advanced bullish bat pattern at the moment. If price action makes its way down to our entry at the 88.6% Fib on the chart then the pattern would be complete and you could enter long looking for targets 1 & 2 at the green lines on the right. We also have a nice even handle number in that region (1.2200) and some fib extension confluence as well, but just wanted to keep it simple with an aggressive pattern entry idea here for the time being. Let's see what happens!

**As always, this is just an idea, you take responsibility for anything you do off the back of this.
Order cancelled: Pattern invalidated now as the A point leg has been breached
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out