NZDUSD Short on a potential Bat pattern setup

Here we got a potential Bat pattern forming right before the Sunday night opens, its a countertrend pattern but its up against former structure resistance formed after a very good double top we had earlier. We have our potential reversal at our X leg 0.886 completion. Stops are up in our structure resistance zone, and we have a very decent R:R on this one.

Check out our GBPUSD Cypher setup we are also monitoring here at the open.

Kind Regards
Thomas Jeff

Kommentera:

Trade hit our stop