EUR.USD - Short Opportunity At Market

Aktualisiert
On the EUR.USD 1hr 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 1.0678 & 1.0688
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 - 1.0636
Target 2 - 1.0610
Anmerkung
Target 1 attained if you entered at the D leg.
I personally didn't take this position.
Anmerkung
We are likely to find support and see consolidation in the coming hours.
Anmerkung
Target 2 attained if you entered at the D leg 1.0678
Anmerkung
Consolidation period now expected.

Snapshot
Anmerkung
Bullish RSI divergence has now formed.

Snapshot
Anmerkung
Daily chart setup.

EUR.USD - BEARISH BAT SETUP - 1.1193
Anmerkung
Daily outlook into next week.

EUR.USD - Long Opportunity
BatBearish PatternsEURUSDeurusdshortSELLshortukforexsignals

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