Nico.Muselle
Long

EURNZD - Bullish Bat pattern in the making

FX:EURNZD   Euro / New Zealand Dollar
702 3 16
Currently I am trading this pair to the downside, entering at the touch of the trend line with 2 targets : a re-test of 1.63 for target 1 and the bat pattern completion for target 2. SL is currently in profit so I can just let this trade ride down.

When the bat pattern completes at the 0.886 retracement of XA, we see also confluence with the AB and CB             1.618 inverted extension giving us a nice cluster.

Targets are the traditional 0.382 and 0.618 extension. Stop goes at the 113 extension of AX

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Where to sell & stop for sell ???
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Nico.Muselle MOD pathaniasourabh
It's all on the chart ! :)
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pathaniasourabh Nico.Muselle
ok boss!!
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