EURUSD Bat Pattern Developing For A Bull Entry 58 Pips

EURUSD Bat Pattern Developing For A Bull Entry:

1. 0.886+1.618 Fib confluence is where it completes and gives us an entry for Long
2. As the overall trend is still down on weekly, we can target 38.2 retracement level as target.
3. Stop will be just below 1.13 fib extension.

Trade attivo

Trade attivo:

another position entered:

Trade attivo:

Profit targets and stop loss levels adjusted as per fibonacci

First Profit Target:1.10621 (38.2 Fib Level)
Second Profit Target:1.11068 (61.8 Fib Level)
Stop Loss: 1.09725

Trade chiuso: obiettivo raggiunto:

first target reached. Second target awaited.

Extended target also placed: