A bearish bat pattern is almost complete in four hours chart, it provides a potential reversal level from 1.04700 to 1.04600. Because in the larger timeframes, we can see the market is in the downtrend, so this selling signal is a follow trend trade. I will wait for the market reaches the potential reversal level. If it give me confirmation signals, I will decide should I short the market.
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Please follow me if you want to know my trade ideas!
