TomHall
Short

EUR.USD - BEARISH BAT SETUP - 1.0623

FX:EURUSD   Euro / US-Dollar
On the EUR.USD 15min chart we have a potential short opportunity at the D leg completion of bearish Bat setup.

The price reversal zone on this pair is between 1.0623 & 1.0630
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat setup placed at the .382% and .618% retracement of the C to D move.
There is also an opportunity to look for extended targets at around 1.0580
Stop loss would be placed above X leg structure resistance .

Target 1 - 1.0600
Target 2 - 1.0587
Kommentar: D leg complete at 1.0623
Potential shorting opportunity.
Kommentar: If you entered at 1.0623 your target 1 should be attained.
Kommentar: 5 EASY STEPS TO TRADE THE BAT SETUP

Kommentar: If you didn't hit target the first time, there is a second opportunity to do so.
Kommentar: Target 1 once again attained if you missed out on the first opportunity.
Kommentar: If you entered at 1.0623 your target 2 should be attained.
Kommentar: If you entered at 1.0623 your extended target should now be attained.
Kommentar: 4hr Chart Analysis from 24th Feb

Kommentar: Long term outlook.

Kommentar: A minor pullback is now expected before price continuing to the upside to retest 1.0600
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tah, Beautiful , that was fish well caught! @TomHall
Antworten
TomHall RonaldRayForeX
@RonaldRayForeX, I hope you managed to catch it :-)
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Great call on 15 minute char...You nailed it.
+1 Antworten
@Jim-FX, Thanks very much :-)
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Nice work
+1 Antworten
TomHall Forex_Col
@Forex_Col, Thank you.
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Thanks! Bagged some good profits!
+1 Antworten
TomHall Supertechpro
@Supertechpro, Great to hear :-)
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tom buddy great call
+1 Antworten
TomHall steveb4088
@steveb4088, Thanks very much.
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