EURUSD - Bearish bat pattern at retest of broken support
I see a potential short entry up at 1.07247.
Nice confluence here. This bearish pattern completion would coincide nicely with a retest of the broken support as well as a 0.618 retracement of the recent bearish impulse which broke the support.
I believe this entry is an opportunity to join the continuation of the larger EURUSD downtrend indicated by the recent 2618 pattern (related idea below)
Nice confluence here. This bearish pattern completion would coincide nicely with a retest of the broken support as well as a 0.618 retracement of the recent bearish impulse which broke the support.
I believe this entry is an opportunity to join the continuation of the larger EURUSD downtrend indicated by the recent 2618 pattern (related idea below)
Trade active
Note
Stop to break-even. Just in case
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.