GBP/NZD - Bearish Bat Viés de baixa

GBP/NZDOANDA

Descrição

⋅ 5 de Mar de 2017 16:14

Hello traders, here we have another bat pattern on the 4h timeframe with GBP/NZD.

Excellent opportunity with almost 1:4 risk to reward.

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

I'll be expecting price to stall out once it reaches the the D point, keep this setup on your watch list.

If you want more trading inspiration be sure to connect with me below :)

Comentário

⋅ 13 de Mar de 2017 18:05

Price is approaching 1.78700, keep an eye on this pair for a reversal this week.

Comentários

Kamrantrader

⋅ 27 de Mar de 2017 10:59

Hey @LewisGlasgow looks like this one is ready for reversal. Are all the parameters still valid on this one? e.g. approx T/P, entry?

LewisGlasgow

⋅ 27 de Mar de 2017 11:00

@Kamrantrader, hey, this pattern is still valid and looks good to sell this week!

dnat1

⋅ 28 de Mar de 2017 07:30

I've been Long on this pair following the Double Bottom pattern that has formed (weekly, clearly defined). Right now were at the neckline, time will tell!

Mais