Bearish Bat forming on the 1h chart. Confluence with the 50% retracement. If this pattern fulfills then I will target the .382 level.
Trade closed: target reached
SUCCESS! Price formed the Bearish bat still within a reasonable time. Price reached the D point at 115.301 (confluence with .5 rt) then made the downward retracement to our target of the .382 rt level at 114.93. Entry: 115.32 Target: 114.93 38 pips tp. Pattern: Bearish Bat (1H)
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