LewisGlasgow

NZD/USD - Bullish Bat

Panjang
LewisGlasgow Telah dikemas kini   
FX:NZDUSD   Dolar New Zealand / Dolar A.S.
Hello traders, following up from my previous post on NZD/USD with a three drives pattern (chart is shown below), price is now forming a bat pattern on the 1h timeframe.


I'm expecting a short-term trading opportunity before continuing the bigger picture.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

Thank you all for your continued support, don't forget to add me on social media :)
Komen:
Price is now approaching the D point and we're 40 pips off, I'm expecting a reversal upon reaching support around 0.69100.

Keep an eye on this setup!
Komen:
Extremely precise reversal!!!
Komen:
Final take profit level hit, well done to everyone who took the trade.

📈 Master the Art and Science of Trading: www.sixfigurecapital.com
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.