EUR.NZD - Long Opportunity @ Market
On the EUR.NZD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between 1.5222 & 1.5200
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.5350
Stop loss would be placed below X leg structure support.
Target 1 - 1.5278
Target 2 - 1.5313
The price reversal zone on this pair is between 1.5222 & 1.5200
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at 1.5350
Stop loss would be placed below X leg structure support.
Target 1 - 1.5278
Target 2 - 1.5313
Comment:
4hr setup still valid.
Comment:
Market gap confirmed.