(EP #48) Kelvin Trade Ideas - EURGBP Bat Pattern 2020-02-25

25 feb 2020

Two bearish bat patterns sported in four hour chart. The blue bat pattern provides a potential reversal level from 0.85590 to 0.85300. The red bat pattern provides a potential reversal level from 0.85100 to 0.85040. Because the market is in a downtrend, so those selling opportunities are follow-trend trades. I will wait for the confirmation signals to show up near the potential reversal level, then decide should I short this market.

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