Pronoe
Long

EURNZD Bearish Bat Pattern in the making

FX:EURNZD   Euro Fx/New Zealand Dollar
Looks like a Bearish Bat Pattern is forming, if the price cross over the .236 retracement and if RSI cross over 50 I'll go long with a stop loss just below "C" and wait for the reversal at "D"

PS : Also noticed a slight divergence with the price making higher low and the RSI making Lower Low. This would confirm my idea. However, I've never really looked into divergence more than that so if someone more knowledgeable on the matter could advise me I'd really appreciate that.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out