Hi traders,
On the EURNZD we have a potential bullish bat pattern forming with a nice R:RR. Completion and entry is at point D, which aligns perfectly with the last swing of 2016. It's also at the psychological number of 1.50.
Entry: 1.50109
Stop: 1.49355
Target: 1.51635
Good luck guys! I will be updating this chart as time progresses.
On the EURNZD we have a potential bullish bat pattern forming with a nice R:RR. Completion and entry is at point D, which aligns perfectly with the last swing of 2016. It's also at the psychological number of 1.50.
Entry: 1.50109
Stop: 1.49355
Target: 1.51635
Good luck guys! I will be updating this chart as time progresses.
Trade active
Trade closed: target reached:
Perfect.
