$EURUSD : Bearish Bat Pattern in Daily Time Frame

Tuesday, February 9, 20160 comments



The price reversal zone on this pair is between 1.1385 & 1.1487 

The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. 

161.80% & 88.60% Fibonacci confluence at the D leg completion.

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the A to D move. 

Stop loss would be placed above X leg structure resistance. 

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