EUR-USD BAT PATTERN SELL OPPORTUNITY AT MARKET

22 окт. 2020 г.

EUR-USD HAS FORMED BEARISH BAT FORMATION ON H-4 CHART, WHICH GET COMPLETION AT 1.1842. THIS KIND OF ADVANCED PATTERN FORMS WHEN MARKET TRADES ON SIDEWAYS (CONSOLIDATION). AS WE CAN SEE EUR-USD IS TRADING IN LOT OF SIDEWAYS RANGE IN H-4 AND HIGHER TIME FRAME SINCE BEGINNING OF AUGUST-2020. BEARISH BAT PATTERN ONE OF SUCH ADVANCED PATTERN HAS GOT FILLED AT 1.1842 ON H-4, WHICH GIVES TRADERS SWING TRADING OPPORTUNITY WITH BETTER RISK REWARD RATIO.

SELL ENTRY: 1.1842 (BEARISH BAT PATTERN)
STOP LOSS: 1.1951
TARGET-1: 1.1780
TARGET-2: 1.1715