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Siyabonga_Ngcobo

THE SHORT SIDE OF THE NZDUSD BAT PATTERN

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Siyabonga_Ngcobo  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Bat structrue ressitance
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batpattern structrue ressitance
Being Monday the markets are quite active. As Harmonic pattern traders on the radar is a beautiful bear bat pattern. The good thing about this formation is that it is with the trend, giving us more confidence to short it at the potential reversal zone at 0.886 fib ratio level of XA=CD COMPLETION POINT.

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