Bat Pattern Forming Long

British Pound / New Zealand DollarFOREX.com

Description

⋅ Apr 22, 2020 1:18 PM

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

⋅ Apr 22, 2020 4:30 PM

Stop moved to breakeven as trade came within 10 pips of target. Will look for reentry if stopped out

Comment

⋅ Apr 23, 2020 5:32 AM

Will re-enter at 2.07