+++ Don't forget to LIKE & Follow+++I have lots on my radar - I want to share with you a potential Bearish Bat Formation on 1H, EURUSD.
On higher time frame you can EURUSD is in a bearish trend, and thanks to the Brexit event the trend is confirmed - so you can use the Bat Formation as an entry reason for hopping on the bearish trend.
I shoot for conventional 1st Target and 2nd will be a retest of A leg, stops above X.
This Bat Pattern will have more than 100 pips stop so if it is too much you can wait for a better price or not trading it at all.
Entry @ 1.1368
Stop @ 1.1495
Initial Target 1 @ 1.1193
Initial Target 2 @ 1.0950
Good Luck!
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
On higher time frame you can EURUSD is in a bearish trend, and thanks to the Brexit event the trend is confirmed - so you can use the Bat Formation as an entry reason for hopping on the bearish trend.
I shoot for conventional 1st Target and 2nd will be a retest of A leg, stops above X.
This Bat Pattern will have more than 100 pips stop so if it is too much you can wait for a better price or not trading it at all.
Entry @ 1.1368
Stop @ 1.1495
Initial Target 1 @ 1.1193
Initial Target 2 @ 1.0950
Good Luck!
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.