EURUSD Daily: Bat Pattern Completion + Minor Resistance Level
From March on the EURUSD Daily stayed in a Range after strong momentum to the downside occurred. The Bat Pattern completion gives us a high probability chance to take the trade. The Minor Resistance Level gives us further confirmation. So all in all a great opportunity!
Target 1 is at the .382 Fibonacci Retracement of the A to D Point
Target 2 is at the .618 of the A to D Point
Both Targets move right into structure levels.
See more Trading Ideas at www.plantotrade.com
Target 1 is at the .382 Fibonacci Retracement of the A to D Point
Target 2 is at the .618 of the A to D Point
Both Targets move right into structure levels.
See more Trading Ideas at www.plantotrade.com
Comment:
It's not a Minor Resistance Level, instead it's a Minor Support Level
