This pattern basicaly are name as "ABC" but it is not so important how it is named. The most important is what action i take! So, short stoploss, MA100 touched, EUR in weak position after Draghi want to stimulate economy again (want to print more euro money ). So ... sell opportunity seems good risk reward !
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EURUSD has began to form a bearish bat pattern on the daily chart. The potential reversal zone is between 1.1381 and 1.1392. Projected target 1 at 1.1124 and stops placed above structure at 1.1489.
