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PlutusX
Feb 21, 2019 3:00 AM

EURNZD Harmonic Bat Pattern Analysis and Strategy  Long

Euro Fx/New Zealand DollarFXCM

Description

We are predicting the pair will complete the bat formation seen on the 4 hour chart. Price action breaking through the yellow trend line has confirmed our strategy which is to trade the 4th leg of the pattern. FX:EURNZD

Trade closed: target reached

Update - The pair moved as the technical analysis predicted hitting our take profits. Our strategy is to buy it again upon retracement.
Comments
AndrewHook
Well done thank you. ;-)
PlutusX
@AndrewHook, No problem. We hope that these are helpful. We manage clients money and give away our trade setups for free. We just passed another 100-day mark with a little over 104% ROI.
AndrewHook
Finger crossed. I was planning to sell my long at 1.6699 from the H&S inverted report(1H time frame). Will try little bit longer. GL
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