Bearish Bat

The EURO/USD as of recently has been in a clear ranging market. Inside the barriers of support and resistance we have a bearish bat formation. If the ranging market is to continue we will see a successful pattern here.

BAT Ratios

B: 0.382-0.5
C: 0.382-0.886
D: 1.618-2.618
XD: 0.886