TomHall
Long

EUR.NZD - BULLISH BAT SETUP - 1.5341

FX:EURNZD   Euro Fx/New Zealand Dollar
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 1.5341 & 1.5337
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 opportunity to look for extended targets at around 1.5454
Stop loss would be placed below X leg structure support .

Target 1 - 1.5394
Target 2 - 1.5428
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I think there's a bat pattern going on. :) -- D-leg to 1.52062
+1 Reply
TomHall TOP NotYetPro
Great work mate, I will be keeping an eye on it :-)
Have a great week.
Reply
Thanks a lot , I wish you the same.
Reply
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