EURUSD support & resistance defined

FX:EURUSD   歐元 / 美元
Looks like EURUSD has a clear range to move in from 1.05 to 1.07

Pattern Identification
I see a bearish Bat pattern completing in the smaller H1 time frame
Will put this chart up in more details

Trade execution
If price rejects the PRZ, can look to take the short trade
交易進行: Entered the trade a little late, stops has to be above 1.07

交易結束:目標達成: Since I entered late (lousy price 1.0653), I took profits at TP2 (1.0611) for a 42 pip profit. The last candle closed at a low, indicating there could be more downside next week.

Let's see if it presents any opportunity to re-enter a short trade

A good trade, I'm trading the bat on the 1hr. I went short at 1.06702, limit is 1.06320 and my stop is 1.07129
BoonHooi williejfx
@williejfx, you got in at a much nicer price. I saw this late.
+1 回覆
williejfx BoonHooi
@BoonHooi, yes sir, thanks.
BoonHooi williejfx
@williejfx, congrats !! Good trade here
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