GBPZD (PoundKiwi) - Potential Bearish Bat or Crab

I am not in the trade yet, since thhe pattern has both characteristics, that of a bat and that of a crab. If it's a Bearish Bat, I'll be waiting for thhe break of the blue full trend and my target will be the dotted trend. But, in thhe case of a break above the Resistannce level in blue. I'm expectinnng a Bearish Crab Formation before shorting.

Trade with care ( This is NOT a signal, just an idea) Compare it with yours and you can share yours in a comment, that would be preferable.

Handel aktiv:

I bought yesterday, running in profits now. first target is 1.90208. & will wait for a break and correction before I enter to another long position to 2.04x unless it reverses around 113 fib level of XA. Don't trade it unless you get a confirmation

Trade stängt manuellt:

I closed it on the same day.

Handel aktiv:

Dropping smoothly. I will close some around that neckline & ride it down if it tbreaks below it.

Trade stängt manuellt

Kommentera:

I'm out of this pair now. I wait the blue trendline breakout then get in.