Krunal.Patel
Short

NZDCAD 15 Bearish BAT & GARTLEY PATTERNS BOTH @ 0.8813

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Hi Guys,

This is a really good setup right here, we have a bearish BAT AND GARTLEY completing at the same level! This is my 2 favourite patterns on one chart, they give such good risk to reward.

The stop loss will be placed above the X leg which is used as good resistance in this case. Targets will be at the 38.2% and 61.8% fibonacci levels. IF/WHEN first targets are met, half of the position would be closed for profit and stop loss for the second half of the position will be moved to break-even, ensuring a risk-free trade.

Thank you for your support.

Trade Numbers:

Risk: 20 pips x 2 = 40 pips
Reward #1: 30 pips. R:R = 1:1.5
Reward #2: 50 pips. R:R = 1:2.3

Plan your trade... Trade your plan.
Trade active: @ 0.8813
Comment: Target 1 Hit Pain-free! +30 pips.
Trade closed: target reached: Target 2 Hit +50 pips. Total pips on this trade = +80 pips
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