We have a bearish bat
pattern in the 4HR Chart and we also have an Ichimoku Cloud
cross indicating a possible reversal of the upward momentum. We are taking this trade based more in the harmonic pattern
than the Ichimoku
but still a powerful trade. Also there is a double top
on the 1.3580 area. Our take profit is a STRONG support area
, stop loss is calculated at the D point which we don't think will be touched again, just in case it breaks the trend line
and in case they want to fake us out.
Almost a 4:1 RR.