TomHall
Short

NZD.JPY - Bearish Bat Pattern - 74.639

FX:NZDJPY   Neuseeländischer Dollar / Japanischer Yen
On the NZD.JPY 1h chart we have a potential short opportunity at the D leg completion of a Bat Pattern .

The price reversal zone on this pair is between 74.639 & 74.885
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Confluence: 88.60% - 1.618%

Potential targets for the Bat Pattern placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around 72.813
Stop loss would be placed above X leg structure resistance .

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nice bat, well done.
+1 Antworten
Thanks very much
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Trade active?
+1 Antworten
TomHall dhanes71
The trade is at the D leg and is now a valid trade to take.
+1 Antworten
dhanes71 TomHall
Thanks Tom! Good luck!
+1 Antworten
TomHall dhanes71
You too.
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