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lyl89

GBPNZD - Bat Pattern Completed on H4 Chart

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
lyl89 Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Fibonacci Harmonic Patterns Bat GBPNZD gbpnzdlong Bullish Bat harmonicforex Technical Analysis tradingsetup
6
1
fibonacci harmonicpatterns batpattern gbpnzd gbpnzdlong bullishbat harmonicforex technicalanalysis tradingsetup
A nice bullish bat pattern has completed with RSI rebounding from the oversold level.

You may choose to long now or wait for some retracement and enter on lower timeframes.

R:R at about 1.1 (TP1) and 2 (TP2). Good luck.
Comment:
TP1 is about to hit, you may choose to shift SL to breakeven or shift to some profits
Today we have the CPI, RPI, PPI, HPI and CBI results. Do manage your trades.
snapshot
Trade closed: target reached:
TP1 hit.
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