On this weekly EURNZD chart we can see a bat pattern forming, which lines up with a completed AB=CD pattern. Stop goes below X. Target is based on previous structure. This is a weekly chart, so it might take several months to reach the target. Entry: 1.44179 Stop: 1.34832 Target: 1.58260 = R:RR 1.51
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.