- Terminal bar has formed for the bat pattern
- RSI is at overbought level, waiting for bearish divergence
- R:R at 1.5 (TP1) and 2.5 (TP2)
I have been down on a few trades yesterday as I neglected economic news.
Some EUR CPI news in 1 hour, I'll wait till after the news are released before considering a trade.
Note
Price has reacted nicely to this pattern.Note
TP1 hit with 35 pips profit.Trade closed: target reached
TP2 hit with 60 pips profit.
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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.