EURGBP - Bullish Bat Completion at 0.8440

Hey guys, sorry for the long time away from tradingview.

About a week since I last posted as I had some family issues to handle.

All is fine now and I can now be back monitoring the markets.

Pattern Identification

Bullish bat completes on EURGBP at 0.8440

EP: 0.8440
SL: 0.8370
TP1: 0.8570
TP@ 0.8650

Trade Execution

Will look to buy when RSI leaves the OS zone when price reaches PRZ.

Expect some spillover slightly below the PRZ

Price should reverse and get out of PRZ by T+2 to T+5.

Do not enter with a pending order

Good luck and good trading!

Комментарий:

Huge breakdown of PRZ, no trade and pips saved.

This is why you should always trade only after a reaction at the PRZ.