KelvinShamKaiMan

(EP #43) Kelvin Trade Ideas -EURNZD Bat Pattern 2020-02-19

Long
OANDA:EURNZD   Euro / New Zealand Dollar
A bullish bat pattern is spotted in four hour chart. It provides a potential reversal level (PRZ) from 1.67020 to 1.66800. In the weekly chart, the market is in a sideways trend now, and the PRZ is near the bottom of the sideways trend, so I can mark a beautiful stop loss level in this buying opportunity. I will wait for the market show up confirmation signal which near the PRZ, then I will decide to short the market.

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