(EP #33) Kelvin Trade Ideas - EURNZD Bat Pattern 2020-02-02

A bearish bat pattern is completed in four hour chart, it provides a potential reversal level from 1.71520-1.70780. In the larger time frames, the market is in a down-trend, so this selling opportunity is a follow trend trade. I am waiting for confirmation signals to short this market.

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Trade active:

Sell limit orders placed at 1.71550