EUR.USD - BEARISH BAT SETUP - 1.0623
On the EUR.USD 15min chart we have a potential short opportunity at the D leg completion of bearish Bat setup.
The price reversal zone on this pair is between 1.0623 & 1.0630
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 C to D move.
There is also an opportunity to look for extended targets at around 1.0580
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.0600
Target 2 - 1.0587
The price reversal zone on this pair is between 1.0623 & 1.0630
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 C to D move.
There is also an opportunity to look for extended targets at around 1.0580
Stop loss would be placed above X leg structure resistance .
Target 1 - 1.0600
Target 2 - 1.0587
Nota
D leg complete at 1.0623Potential shorting opportunity.
Nota
If you entered at 1.0623 your target 1 should be attained.Nota
5 EASY STEPS TO TRADE THE BAT SETUP
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If you didn't hit target the first time, there is a second opportunity to do so.Nota
Target 1 once again attained if you missed out on the first opportunity.Nota
If you entered at 1.0623 your target 2 should be attained.Nota
If you entered at 1.0623 your extended target should now be attained.Nota
4hr Chart Analysis from 24th Feb
Nota
Long term outlook.
Nota
A minor pullback is now expected before price continuing to the upside to retest 1.0600
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.