Bat Pattern + Rising Wedge for potential Short Setup on $EURUSD
I recently took several successful long trades on 
EURUSD (
)
and I am still bullish on this pair, BUT I always ask myself "What do I see, what does it mean, what do I do based on those information?"
I see a bearish Bat Pattern on the daily timeframe and a rising wedge with bearish divergence on the RSI. This means there is potentially a good chance for a retracement into the last structure zone (at around 1.09's).
What do I do? Nothing. I do not trade the daily chart, but I am open minded and know the probabilities when we break those wedges etc.
Always make sure you trade YOUR backtested plan!
EURUSD (and I am still bullish on this pair, BUT I always ask myself "What do I see, what does it mean, what do I do based on those information?"
I see a bearish Bat Pattern on the daily timeframe and a rising wedge with bearish divergence on the RSI. This means there is potentially a good chance for a retracement into the last structure zone (at around 1.09's).
What do I do? Nothing. I do not trade the daily chart, but I am open minded and know the probabilities when we break those wedges etc.
Always make sure you trade YOUR backtested plan!
Erfolgreich traden lernen.
wirmachentrader.de
wirmachentrader.de
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.