EURUSD Bullish Bat Pattern - Long RR 1 : 2.2
Technically I am still bullish bias on this pair. Potential BUY on EURUSD around 1.1100 area using BUY LIMIT.
Reason :
- 80% quality Bullish Bat Pattern setup
- Support area @ fibs level 38.2%
- Risk reward 1:2.2 , why not?
- Potential to reach next resistance points :
Entry point Long : 1.1100 area ; TP1 : 1.1155 area, TP2 : 1.1200 ; SL below 1.1050 area
Risk Reward 1: 2.2
Trade safe everyone despite of many news ahead ; Always remember to trade with stop-loss, market is crazy & cunning*
Reason :
- 80% quality Bullish Bat Pattern setup
- Support area @ fibs level 38.2%
- Risk reward 1:2.2 , why not?
- Potential to reach next resistance points :
Entry point Long : 1.1100 area ; TP1 : 1.1155 area, TP2 : 1.1200 ; SL below 1.1050 area
Risk Reward 1: 2.2
Trade safe everyone despite of many news ahead ; Always remember to trade with stop-loss, market is crazy & cunning*
Handel aktiv:
Buy entry hit at 1.1110, TP1 hit +45pips @ 1.1155.
Trade stängt: målet nått:
TP2 : 1.1200 hit ! All target hit in less than 12hours. Good call
Kommentera:
TP3 : 1.1250 hit ! This pair is going up higher high
Kommentera:
NFP pushed this pair for a higher high at 1.1280, a further upside can still be expected. Monthly candlestick has also closed very bullish.
Will come back again for this pair next week !
Will come back again for this pair next week !
Kommentera:
Retest of 1.1120 area, if this support sustain, long to 1.1300 (+280pips upside target)