(EP #78) Kelvin Trade Ideas - NZDJPY Bat Pattern 2020-04-06

6. Apr. 2020

A bearish bat pattern is almost complete in one hour chart, it provides a potential reversal level from 65.280 to 65.150. Because we can see a clear resistance level in the chart (blue box) (~65.300), so if I short the market from the potential reversal level, I can draw a beautiful stop loss level easily. I will wait for the market to give me confirmational signals which are near the potential reversal level, then I will decide should I short the market.

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