EUR.USD - BEARISH BAT SETUP - 1.0623

٢٨ فبراير ٢٠١٧

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

٢٨ فبراير ٢٠١٧

ملاحظة

D leg complete at 1.0623
Potential shorting opportunity.

٢٨ فبراير ٢٠١٧

ملاحظة

If you entered at 1.0623 your target 1 should be attained.

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ملاحظة

5 EASY STEPS TO TRADE THE BAT SETUP

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ملاحظة

If you didn't hit target the first time, there is a second opportunity to do so.

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ملاحظة

Target 1 once again attained if you missed out on the first opportunity.

٢٨ فبراير ٢٠١٧

ملاحظة

If you entered at 1.0623 your target 2 should be attained.

١ مارس ٢٠١٧

ملاحظة

If you entered at 1.0623 your extended target should now be attained.

١ مارس ٢٠١٧

ملاحظة

4hr Chart Analysis from 24th Feb

٢ مارس ٢٠١٧

ملاحظة

Long term outlook.

١٥ مارس ٢٠١٧

ملاحظة

A minor pullback is now expected before price continuing to the upside to retest 1.0600