Trading_Jazz
Short

Rounded top reversal pattern // Sell the Neckline // IF=THEN ®

FX:EURNZD   Euro Fx/New Zealand Dollar
FX:EURNZD            

Similar to my previous published idea on FX:AUDNZD             , also daily, we have one rounded top reversal pattern with the "same" neckline to sell;

At the same time we have a Bullish Bat pattern with point D targeting previous pressure zone, forging a nice R/R buy option;

BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB (Crucial to close below point A)
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD

Check FX:AUDNZD             :
Rounded top reversal pattern // Sell the Neckline // IF=THEN ®

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