Bullish Bat Inside of Potential Triangle formation.

14 Mar 2016

Bullish Bat Inside of Potential Triangle formation at support level. The bullish Bat could potentially be used as a trigger to get long on the EURUSD. If the support zone and bat pattern hold and we see a break out of the upper trendline we might see a continued move into 1.1200-1.1220 & 1.1300-1.1360.

16 Mar 2016

Not

Price finally broke out to the upside as expected. First resistance zone has been reached. Now let's see if price will push higher to the next zone between 1.1310 - 1.1360