NZDJPY bat pattern with AB=CD completion Long

New Zealand Dollar/Japanese YenFXCM

Description

⋅ Aug 28, 2016 12:56 PM

Hi traders,

On the NZDJPY we have a potential bat pattern lining up with a potential AB=CD pattern.
Entry: 70.090
Stop: 68.331
Target: 72.878 = R:RR 1.58

Good luck! Will be updating this post.

Comment

⋅ Sep 1, 2016 4:11 PM

Pattern is invalid if price goes above 0.76.

Bat AB=CD

Comments

Oak

⋅ Aug 28, 2016 6:54 PM

Thanks for the heads up, I was expecting this pair to gain quite a bit. Think I will keep a .01 lot open in case it takes the course I thought it would and purchase more when it gets to your target area.