NZDUSD Bearish Bat Pattern
Point B is between 0.382 - 0.618 of XA
Point C nearly reached 0.886
Entry at point D i.e. 0.886 fibo retracement
Trade plan:
Stop loss above resistance
TP between 0.382 - 0.618 when Stoch RSI has reached oversold,
or hold till price touches 0.618 for a nice 1:3 risk-to-reward ratio
Point C nearly reached 0.886
Entry at point D i.e. 0.886 fibo retracement
Trade plan:
Stop loss above resistance
TP between 0.382 - 0.618 when Stoch RSI has reached oversold,
or hold till price touches 0.618 for a nice 1:3 risk-to-reward ratio
Disclaimer
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.
Disclaimer
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.