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jjburrel

Bat Pattern Forming

Long
British Pound / New Zealand Dollar (FOREXCOM:GBPNZD)  
jjburrel Updated   
FOREXCOM:GBPNZD   British Pound / New Zealand Dollar
Harmonic Patterns Trend Analysis Chart Patterns
2
0
harmonicpatterns trendanalysis chartpattern
Looking at GPB/NZD, and I see a bat pattern forming. Looking for buy setups on the ride from the C to D completion. Just broke through a resistance on the m15 and retested.

R:R = 2:1
Entry: 2.0675 - 2.0685
SL: 2.0630
TP1: 2.0775
TP2: 2.0930
Comment:
Stop moved to breakeven as trade came within 10 pips of target. Will look for reentry if stopped out
Comment:
Will re-enter at 2.07
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