UnknownUnicorn107271

GBPNZD - 2618 trade off Bat pattern for second chance entry

FX:GBPNZD   British Pound / New Zealand Dollar
If you missed the entry for the Bat pattern at the D leg 88.6% completion, a second chance oportunity for entry is available. You can see price has a double top then price dropped and retraced back up into the 61.8% (2618).
You can also see it is staring to form a channel where price currently sits at the top of the channel and at 61.8%. Stops should go above the the tops with a decent R/R of 1:1.5. Good luck.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.