TomHall
Long

EUR.NZD - Bullish Bat Setup - 1.6489

FX:EURNZD   Euro / New Zealand Dollar
On the EUR.NZD 1h 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 1.6489
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Confluence: 161.8% - 141.4% - 88.60%

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 1.6655
Stop loss would be placed below X leg structure support .

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Good call Tom. I´d like your opinion on this, I´ve got the same structure as a Gartley, with a .609 retracement and with previous structure low favoring an entry @ .886. What is your criteria for Bat patterns?
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