Here we have a bearish bat lining right up to the .886 level with supply. along with a valid ab=cd pattern. this is a clear indication that its gonna be bearish unless news otherwise. Now I cant trade this but I think its funny to analyze a pair with my name on it.
trade is currently in profit. Here their was a supply zone on the 2670 to 2680 level as well as the 618 level. expect a tp with a 1,4 risk reward. risking .30% to make 2% in return.
Reason I would've placed this trade was because I saw a supply zone at 98"05"7 level. this zone has never been tested before which means this is a fresh zone, worn out zones cause exhaustion in price. I have a 1:4 risk vs reward, risking 30% to make 1.30%.
here we have a pierced bollinger band as well as a 382 fib level. Price could potentially hit supply again and then drop. as well hit the 05 level and then drop.
