VasilyTrader

bearish bat formation

Short
VasilyTrader Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Despite the fact that right now we are contemplating very sharp movement up, probably, the market reached its reversal zone.
We see comlited bat pattern and fibs confluence; looking left we notice structure and RSI shows overbought condition.

Targets are based purely on structure.
Stops above A point.
Comment:
Closed in the zone
Comment:
Attempt to go higher
Comment:
Pattern is violated

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