EURUSD 60, Bat pattern completion, also trend continuation

Yesterday I have mentioned this trade in my comment in EURUSD 4H. Bearish trend continuation with BAT pattern completion, RSI oversold, hidden divergent and 2 days ago broke below the support level (retracement to that previous support level). Target 1 will be at fib 0,382. Target 2 with trailing stop, potential extended target especially when the price level will close below the A point of the bearish bat.

Yorum:

Target 1 hit.. .unfortunately there was a bullish rotation, so the target 2 was break even