tommyb35

Potential Bearish Bat Pattern on EURUSD

Short
FX:EURUSD   Euro / U.S. Dollar
Even with all of the Craziness in 2018, one of the things that still held true was...
...Bat Patterns!
And right now, you have a very nice potential Bat Pattern setting up on the EURUSD.
The completion point is at 1.1474 and minimum stops should be above X (my stops are 1 Atr above X at 1.1512.

Potential T1 is at a 38.2 Retracement of A-D and T2 is at a 61.8.

As always, make sure you follow your plan.
Good luck and good trading.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.