EUR/USD - Bearish Bat - 500+ PIPS!!

Hello, traders!

Today, we are looking at a bearish bat on the 1D chart with EUR/USD.

Price made its way to D point last week and has been stalling for a few days. With the market opening back up just barely in profit, this trade is looking good to enter!

For fundamental confluence, today being a holiday (Memorial Day), we should see the USD gain strength.

Risk/Reward Ratio - 1:4

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
Bearish BatchrisschultheisEURUSDHarmonic Patternskylemcquadelewisglasgowsix000sixfigurecapitalTechnical Analysis

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