BULLISH Bat spotted on H1 EURUSD
After a bullish break out we saw a pullback to the downward trendline, demarking the upper side of the triangle.
A bullish bat has just completed and price reacted within the PRZ which is outlined by an almost perfect match of an 1.61 extended AB=CD and the 0.886 XA retracement.
Also a strongly oversold RSI is indicating that this could be a potential turning point to the upside and I will ride that, like I did the beakout.
-> already entered @1.2308
-> SL @1.2280
-> Target 1 goes to @1.2370
Happy to hear your opinion on this opportunity. Feel free to comment and happy pips to you all.
Nemo
A bullish bat has just completed and price reacted within the PRZ which is outlined by an almost perfect match of an 1.61 extended AB=CD and the 0.886 XA retracement.
Also a strongly oversold RSI is indicating that this could be a potential turning point to the upside and I will ride that, like I did the beakout.
-> already entered @1.2308
-> SL @1.2280
-> Target 1 goes to @1.2370
Happy to hear your opinion on this opportunity. Feel free to comment and happy pips to you all.
Nemo
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.