Bearish Bat 60min Chart EURUSD
Sell PRZ @ 1.06557
Stop Loss at 1.07011
Target 1 Fib (0.382%) 1.05932
Target 2 Fib (0.618%) 1.05543
Risk Reward Ratio 2.16
Trade management move stop loss to break even when target 1 is hit or split your trade into 2 lots and take out 1 lot at target 1 and let the other one role.
The pattern is valid as long as price does not go beyond time fib 3 marked with a red vertical line on the chart.
Do not use pending orders.
Stop Loss at 1.07011
Target 1 Fib (0.382%) 1.05932
Target 2 Fib (0.618%) 1.05543
Risk Reward Ratio 2.16
Trade management move stop loss to break even when target 1 is hit or split your trade into 2 lots and take out 1 lot at target 1 and let the other one role.
The pattern is valid as long as price does not go beyond time fib 3 marked with a red vertical line on the chart.
Do not use pending orders.
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