Both the 78.6 and 61.8 ratios aline for major low swings added with the gartley ratios and the large supply demand imbalance should give a good probability trade long. However the EUR/USD has been quite bearish so manage risk appropriately
Bat Pattern in the direction of the main trend. If the EUR goes for a strong bullish correction without consolidation then the pattern will break. Please me paired for that .
This is a little higher risk than normal and purely a supply and demand entry. the risk reward is good but remember anything can happen in the markets so use good money management
lets see for a small risk who will win at this critical level.
Small stop Large reward. Watch price action very closely.
This is purely based on supply and demand levels however the AUD did get a good kick from positive news in the region last night
This is a Supply and Demand entry base purely on price levels.
The profit target may not be reached but there should be a nice bounce to trade from this level
Here we have a bearish bat entry backed up for a double top and a good supply and demand zone created by the drop which originated at point X of the pattern.
