EUR.AUD - BULLISH BAT SETUP - 1.4555 @ Market
On the EUR.AUD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.4555 & 1.4535
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.4738
Stop loss would be placed below X leg structure support.
Target 1 - 1.4639
Target 2 - 1.4691
The price reversal zone on this pair is between 1.4555 & 1.4535
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 1.4738
Stop loss would be placed below X leg structure support.
Target 1 - 1.4639
Target 2 - 1.4691
Penafian
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