GcNaif
Long

Long based on Bullish Bat

FX:GBPNZD   British Pound/New Zealand Dollar
585 9 14
The trade is based on the Bullish Bat pattern with a nice strong structure on the left. Also there are two potential patterns is in formation stage. They are the Bearish bat in Pink and bearish Gartley in Skyblue color and the completion area for both the patterns are same i.e D point ,again that D area acted as a good resistance (go to daily chart to look the structure in this area.)

I had been waiting for this for a while.
I am a Chart Slave.Thank you TradingView and @nmike.
what you think currently on this pair GCNAIF?
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Update: stopped out, re entered again at a better lower price
+1 Reply
are we suppose to buy right now? price is in the D area
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Hi.gbp nzd first time for me ...thanks ..hope to see 1.99XX
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its a long journey , u need patience and good money management( since u wrote that this is the first time u r trading this pair so be careful - it has history of making 200pip moves in seconds)
+2 Reply
big fat triangle now
break upside?
snapshot
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GcNaif MOD jangseohee
yeah thats what i m expecting
+1 Reply
Nice idea. How will you confirm to take the position?
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GcNaif MOD workingtraders
reversal area i was looking was previous consolidation place between 1.938 - 1.9445 and the price stayed above it . and bat pattern was nice completed in that region . that gave me confidence in taking this trade.
+1 Reply
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