2018Jun05 NZDUSD D1 Bearish Bat
This post is an update of a previous trade idea (tradingview.com/chart/NZDUSD/56rFD9jR-2018Jun01-NZDUSD-H4-Possible-Bearish-Bat/). While invalidated on H4 timeframe, it is still valid on D1. Please discard this setup with a candlestick close above 0.70298. The trade details are all the same:
Trade Setup: Bearish Bat
Price Entry 0.70298
SL 0.70578 | SL pips 28.0
TP1 0.69615 | TP1 pips 68.3
TP2 0.69193 | TP2 pips 110.5
TP3 0.68510 | TP3 pips 178.8
RRR1 2.44 | RRR2 3.95 | RRR3 6.39
Trade Setup: Bearish Bat
Price Entry 0.70298
SL 0.70578 | SL pips 28.0
TP1 0.69615 | TP1 pips 68.3
TP2 0.69193 | TP2 pips 110.5
TP3 0.68510 | TP3 pips 178.8
RRR1 2.44 | RRR2 3.95 | RRR3 6.39
Note
This setup is invalidated with a candlestick closing above 0.70298 (88.6 of XA). (June 6)
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Related publications
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.