GBPNZD
Scenario 1:
BAT pattern completes C to D leg with RSI divergence at a strong resistance zone which was also at a previous gap zone.
I want to see a break of the low before looking for a short entry
Scenario 2:
BAT pattern fails and price breaks through resistance zone - BUY STOPS @ 1.91 with TP @ 1.995
Scenario 1:
BAT pattern completes C to D leg with RSI divergence at a strong resistance zone which was also at a previous gap zone.
I want to see a break of the low before looking for a short entry
Scenario 2:
BAT pattern fails and price breaks through resistance zone - BUY STOPS @ 1.91 with TP @ 1.995
Comment:
Comment:
Comment:
Take 90% profit at B point and let the rest run.
Trade closed: target reached:
Comment:
Trade closed manually:
Closed the remaining 10%
Possible new shift in direction to the upside.
Possible new shift in direction to the upside.
Comment:
This analysis work not because of the harmonic Bat pattern but several other confluences - the bat pattern being one of them.
The very few times a harmonic pattern works out in my favour. I
This analysis work not because of the harmonic Bat pattern but several other confluences - the bat pattern being one of them.