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LewisGlasgow
22. Jun. 2017 18:30

NZD/JPY - Bearish Bat Short

OANDA:NZDJPY240
NZD/JPYOANDA

Beschreibung

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Hello traders, here we have NZD/JPY on the daily chart with a potential bearish bat pattern.

All-round excellent opportunity with over 1:3 risk to reward.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

I'll be looking for additional confirmation before taking the trade!

Kommentar

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This setup is on my watch list for the week ahead.

Currently 60 pips off the PRZ.

Trade ist aktiv

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Signal sent out in the Six Figure Capital Telegram channel.

Kommentar

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Expecting momentum to continue.

Kommentar

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Price has now moved back into profit following a test of resistance at X.



I'm expecting a move to 80.800 before price stalls at support.

Kommentar

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80.800 has been breached, move your stop loss into profit.

Trade wurde manuell geschlossen

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To all those not in the Six Figure Capital telegram channel I closed my NZD/JPY position earlier today (30 pips off TP).

Well done to those who held :)
lewisglasgowlewglasgowsixfigurecapitalsix000
Kommentare
LuckyLaki
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400 pips! Thank you mate!!
LewisGlasgow
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@LuckyLaki, you're more than welcome man :)
LuckyLaki
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@LewisGlasgow, please do more analyst :)
LewisGlasgow
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@LuckyLaki, I'll have more up soon :) thank you
dundeeboi
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Great trade Lewis,sorry I missed it !!
TAJIR_B
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every time i look at this, i slam my self , no discipline. exit on the high s . great work man good luck
LewisGlasgow
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@TAJIR_B, don't beat yourself up, every trade is a lesson learnt, win or lose :) I know a lot of others closed out too, you just need to learn to trust your system.

Thank you!
TAJIR_B
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@LewisGlasgow, right thnaks
Faisal-Nagi
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@LewisGlasgow hey any updates for this one should we keep holding or should we dump it and find another short entry ?
LewisGlasgow
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@Faisal.nagi, I'm still holding for now, I see it pushing up 20 pips to test the high at X before dropping, feel free to get out and re-enter :)
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