EUR/USD Bullish Pennant 60 min and Bearish Bat on the Daily

There is a bullish pennant formation on the 60 min. I'm looking to get long at 1.1159 with my stop at 1.1145 and my target at 1.1280. There is also a Bearish Bat pattern on the Daily. It completes at 1.1369. I will have my stop at 1.1445. I have two targets one at 1.1200 and the second at 1.0990 with trail stops. Good luck trading out there.

Trade ist aktiv:

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Kommentar:

I moved my stop to 1.1185 to lock in profits. Price is a little over extended on the 60min and 240min so don't be surprised if price pulls back to 1.1190-1.1200. This could also be second chance opportunity to get in.