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TheDailyTrader_FX
Feb 17, 2019 3:10 PM

NZD/USD 4H Bear Bat @ 0.69150 Short

New Zealand Dollar/U.S. DollarFXCM

Description

I will be using this Bat pattern as short entry on this pair. If price pushes up to this level then i will be looking for a sell signal on lower time frame . RSI must be overbought and diverging to confirm sell signal. ATR based stops above the pattern starting point X. Minimum Risk/Reward Ratio for this trade is 1.45(TP1).

Trade your plan and good luck in the markets this week.
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