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PlutusX

EURNZD Harmonic Bat Analysis and Strategy

Long
Euro / New Zealand Dollar (FX:EURNZD)  
PlutusX  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Support and Resistance Bat EURNZD eurnzdlong harmonicbat mam fx fxtrading
2
0
trendanalysis supportandresistance batpattern eurnzd eurnzdlong harmonicbat mam fx fxtrading
We see the completion of the bat pattern on the 1 hour chart. This completion of this harmonic pattern is a bullish signal. We currently have open long positions on this pair that are in loss, and one of these positions has a stop loss point at 1.6490. We are predicting a correction is expected from this zone and the position will not hit the stop at market opening. Although our strategy is to buy again if it does hit the stop because we predict a bullish move. EURNZD
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