dinnersticks

EURUSD 15 min Bat

Kort
dinnersticks Uppdaterad   
FX:EURUSD   Euro / USA-dollar
Hi all,

I hope you are having fun with this wild pair.
On the chart we have a bat pattern in the make with D approximately at 1.0666
where it will meet a proven trendline resistance. For me targets will be dictated
by andrews pitchforks, each arrow shows the subsequent target.
The last arrow going up shows a potential future long trade.

The potential risk-reward is massive with this trade but if you go for the ultimate
target be ready to hold for some days. The traditional bat pattern targets will provide
good risk-reward so trading those short term is absolutely fine.
First target @ B would already give you R-R of 1:3

Goodluck guys!
Order avbruten:
Cup and handle breakout I believe..
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