The Perfect Bullish Bat Pattern on EURUSD...!!!
- The mid-point "B" has retraced 50% of leg XA.
- Either the Alternate 2AC=CD at 1.16791, or 1.618 AB=AC
- The 0.886 "D" point retracement of XA leg as defined at 1.17108 is the starting of the PRZ to enter a long position after the Terminal Bar is verified.
The range of the PRZ is 300 pips starting from 1.17108 to 1.16791. The TERMINAL BAR of this pattern will then be defined for the accurate reversal.
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Price action following the PRZ indicated the dominant trend was in full force. You would have closed out in the 1.17500 area.
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