Comment by Leo Fx on January 11, 2013 at 5:46am

Hello eve1...as we can see in the chart there happens to be a Bearish Bat formation in H4 time frame...so sell EU around 1.3264 ....SL @ 1.3280...TP 50pips...

Comment by Jim Mathis on January 11, 2013 at 6:05am

nice

Comment by Elric on January 11, 2013 at 6:19am

way to go Leo. have the exact same counts as you =) good work

Comment by Peter jcp on January 11, 2013 at 11:28am

Hi Leo - Just looking at your pattern. Market as done classic few pips higher to 3282/3 area to get bulls in - and then since as been falling - but we need under 3248 and 3230 to look at a proper fall.

I think this slowness does not help atm - as it assisting to get rid of the OB position - by many bulls pulling out - but with supports being broken - we still would not go lower 

Good Luck if you have re entered again with a sell under 3280

Regards

Peter 

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