Andre_Cardoso

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

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD

Similar to my previous published idea on 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 AUDNZD :

Safe Trades;

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