GBPNZD Completed a Bearish Bat pattern
The pair completed a bearish Bat Pattern and now seems to be supported by the TL and the pattern PRZ.
Pattern Identification
Bearish Bat completed at 1.7860 levels. Price didn't really respected the PRZ (making it a 'poor' pattern PRZ). We can be more patient on this setup
Trade Execution
In this particular case, the short trigger could be when the price clears below the PRZ, confirming its bearishness.
Pattern Identification
Bearish Bat completed at 1.7860 levels. Price didn't really respected the PRZ (making it a 'poor' pattern PRZ). We can be more patient on this setup
Trade Execution
In this particular case, the short trigger could be when the price clears below the PRZ, confirming its bearishness.
