Project 1001 Pips NZDUSD Bearish Bat Completion

Price has comleted a bearish bat pattern. Stoploss and profit targets as shown at the chart. If price reaches the first profit target we move stoploss at the second position.

Kommentar:

A quick update for those who follow this trade. Price almost reached the stoploss but we are now in the profit zone with a quick drop. I expect a correction at some point before price begins a new sell off. If we see price rising in sideways (corrective structure) that will be a very good sign for our setup as we will soon have another impulsive to the down.

If you have any question feel free to ask..

Trade geschlossen: Stop wurde erreicht:

-53 pips