NZD.USD > Bullish Bat .6901 & .6816 Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Oct 23, 2017 8:33 AM

Currency pair - NZD.USD
Chart time frame - Daily
Area of interest - .6901 & .6816
Chart pattern - Bullish Bat

Potential target 1 - .7152
Potential target 2 - .7307
Potential extended target - .7358

Comment

⋅ Oct 25, 2017 7:46 AM

D leg completion at .6901

Harmonic Patterns

Comments

wixelinej

⋅ Oct 23, 2017 9:17 AM

Are you confident it will go in this direction?

UnknownUnicorn180388

⋅ Oct 25, 2017 8:02 AM

@wixelinej, It's all about probability and playing your profitable edge over time.

Glendoonie

⋅ Nov 5, 2017 10:34 PM

Have you started uying yet, Tom? I have been in and out since 26 Oct. I haven't had to cut my losses yet, but the profits have been meagre. I am STILL in a several buy orders all but one of which is negative.

UnknownUnicorn180388

⋅ Nov 5, 2017 11:07 PM

@Glendooie, Hi,

I'm not currently in on this pair, i will wait until tomorrow to give a little more confirmation.

MVGS_MARCO

⋅ Oct 26, 2017 12:11 AM

Thanks Tom. Wish the charts give´s you the reason. I´m on the train

UnknownUnicorn180388

⋅ Oct 26, 2017 7:19 AM

@MVGS_MARCO, My pleasure, i am currently long NJ so current in a NZD pair, we will see how it goes.

aahsan

⋅ Oct 25, 2017 5:03 PM

which moving everge you are use?

UnknownUnicorn180388

⋅ Oct 26, 2017 7:19 AM

@aahsan, I use the 50

BasilKhF

⋅ Oct 25, 2017 8:00 AM

So should we wait until it hits the .6816 before placing the buy order ?

UnknownUnicorn180388

⋅ Oct 25, 2017 8:03 AM

@BasilKhF, It all depends on your strategy, i personally require confirmation.