ShelbySaturn

NZDUSD Large Scale Bearish Bat

Kort
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
We've come to the measured completion of the AB=CD to the upside. Though patterns of this size generally leave you with a large Price Reversal Zone.

DXY just completed a Bearish Bat H1, however, the dollar made a strong rally back in to previous trading range. Price action still indicates movement to the north. DXY is also on a large scale Bearish Bat so I'll be waiting for the correlations to line up more appropriately.

We're seeing divergence building on D1 in conjunction with a rising wedge, and strong price rejection at the 0.73000's. However, this a large pattern so patience is your best weapon in executing.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.