TerryHarmonicTrading
Short

NZDUSD - Daily Bearish Bat Completion

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Hey guys, this is Terry once again.

NZDUSD             is on a steady uptrend for the past 8 months.

In pattern's perspective, we are looking at a potential completion of this bat pattern on the daily chart .

The zone to watch for reaction is around 0.7550 to 0.7580.

SL has to go above 0.78 with targets back to 0.69.

Expect some reversal chart pattern around the PRZ zone before you go short.

As this is a daily TF trade, expect to wait for reaction at PRZ before execution.
Harmonic trader based in Singapore. Learned directly under the great Scott Carney. For FREE live trading webinars, trading resources and market analysis, please do visit my website at Harmonicforex.com
waterman
2 months ago
Bat reversal happens just above 78.6 also instead 88.6 precise. Thanks.
Reply
TerryHarmonicTrading waterman
2 months ago
not sure if we missed the boat, it could go up one more time to the bat completion before a real reversal.
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waterman TerryHarmonicTrading
2 months ago
Really possible with this pair.
Reply
sbbi98
2 months ago
thanks
Reply
namavar
2 months ago
next target would be 0.63000
Reply
TerryHarmonicTrading namavar
2 months ago
wow, not sure if i can hold that long. anything more than 500 pips of profit makes me emotional. :)
Reply
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