Hey guys,
this is a Bat formation that's setting up on NZDJPY, and i'm seriously interested in join it because the yellow box represents a previous level of daily structure. Therefore i know that could be a place where we could potentially have a reaction from price action. In this case, order's set at D, stop below X, targets with Fibonacci (382 and 618 of AD).
This was actually an opportunity that i've highlighted on my last videoanalysis, if you want to find out more of that, click the link below!
If you have questions/ideas, feel free to comment beneath.
Otherwise, see you in the next chart!
this is a Bat formation that's setting up on NZDJPY, and i'm seriously interested in join it because the yellow box represents a previous level of daily structure. Therefore i know that could be a place where we could potentially have a reaction from price action. In this case, order's set at D, stop below X, targets with Fibonacci (382 and 618 of AD).
This was actually an opportunity that i've highlighted on my last videoanalysis, if you want to find out more of that, click the link below!
If you have questions/ideas, feel free to comment beneath.
Otherwise, see you in the next chart!
Comment:
Entry missed by 2 pips, too bad. Trade canceled