TheForexSamurai

Bear Bat Pattern completion for SHORT/SELL opportunity

Kort
TheForexSamurai Uppdaterad   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
5
We have a short opportunity here on a potential bearish Bat pattern that will complete at 0.9502. Could enter with being aggressive via pending sell limit on the pattern completion or could wait for further confirmation or signal before going short. Stops would just be above the Pattern X point as we assume that this X point would be a good resistance/supply zone for bears to enter SHORT the market and Bulls to take their profits.

Target 1: 0.9434
Target 2: 0.9391

Trade with care and good luck!

Bearish Bat Pattern Rules:
Kommentera:
If you have taken a sell trade order. TP 1 is hitted. a Bat and Gartley was actually completed in this market.

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