Spotted this bat pattern slightly late as it has started to react.
- PRZ seems like a good H1 resistance zone judging from consolidations along the zone
- Shorted at 1.2482 where price is still in PRZ
- RSI has shown bearish divergence
- R:R at 1.2 (TP1) and 2.1 (TP2)
Trade closed: stop reached
Trade stopped out at 30 pips.Disclaimer
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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.