EURUSD Another Opportunity To Add To Long Positions

EURUSD Another Opportunity To Add To Long Positions:

If Price reaches this confluence zone, we have good opportunity to go long.

However it must first invalidate ALT Bat pattern 38.2 Fib level @ 1.11190

Confluence of:
1. ALT Bat Pattern 61.8 retrecament target @1.10643
2. 4h Cypher Pattern 78.6/127.2 @ 1.10740

As the EURUSD is shifting its trend, we are looking for full targets and roll up.

Note

ALT Bat pattern 38.2 Fib level has been broken. Going towards the zone as expected

Note

further fine tuned for a completion of bat pattern too:

Note

Looking good. The zone gave us very low risk:

Note

More than 100 PIPs secured

Trade closed: target reached

vikinsa

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Also on:

Related publications

EURUSD: are you ready to add to your long positions?

by vikinsa