EURUSD - Bullish Bat Pattern on Daily Chart

A bullish bat pattern might be completing soon, hopefully in less than a week as we are looking at the daily chart.

PRZ is very close to the bottom of the ED channel, giving more potential to long EURUSD.

Good risk : reward for TP1 @ 2.17 and TP2 @ 3.63

I will still wait for pattern to complete although RSI is already at oversold level.

I will update if pattern completes.

Komentarz:

Daily price has hit the bottom of my ED channel and i went back up a little.

I'm waiting for price to retrace back to PRZ and RSI to show some bullish divergence before taking a long position.

Zlecenie aktywne:

Hi guys, price is retracing back to PRZ.
I will take a long position now using market execution.

Komentarz:

Shifted stop loss to breakeven at 1.0646

Transakcja zakończona: osiągnięto poziom stop:

Trade closed at breakeven. No luck on this one.