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
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Take 90% profit at B point and let the rest run.
Trade closed: target reached
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tradingview.com/x/ Target reached. Left 10% to run, SL moved to lock in 100pips
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Trade closed manually
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Closed the remaining 10% Possible new shift in direction to the upside.
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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.