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lyl89
May 22, 2018 9:16 AM

GBPNZD - Bat Pattern Completed on H4 Chart Long

British Pound/New Zealand DollarFXCM

Description

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.

Trade closed: target reached

TP1 hit.
Comments
yitiancai
I found it and miss it yesterday
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