NZD/USD - Bullish Bat

4 เม.ย. 2017

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 :)

11 เม.ย. 2017

บันทึก

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!

12 เม.ย. 2017

บันทึก

Extremely precise reversal!!!

17 เม.ย. 2017

บันทึก

Final take profit level hit, well done to everyone who took the trade.