FX:NZDUSD   New Zealand Dollar/U.S. Dollar

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As I told you I have a lot on my radar - it is interesting to note that majority of potential formations are bearish bats.
Price is giving us yet another possible counter trade - Bearish Bat Formation on 1H, NZDUSD             .
If you look left the A leg of the Pattern came right at previous structure level - price hit it and reversed from it.
Targets are conventional, stops as beyond X.
Entry @ 0.7258
Stop @ 0.7337
Initial Target 1 @ 0.7148
Initial Target 2 @ 0.7080

Good Luck!

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-Alex
Professional Currency Trader & Mentor
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vduquenne
7 months ago
https://www.tradingview.com/chart/2QGGZ3Ia/
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