kschiangb6
Long

Bullish Bat Forming on NZD/USD Daily Charts

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
369 2 0
Just sharing another harmonic pattern , the Bullish Bat pattern , which is forming on the Daily chart of NZD/USD             . It is not the most perfect of formation. But there is still close confluence of 3 Fibonacci levels at Point D. Anyway if you want to know more details about the Fibonacci levels that make up this pattern and my personal trade plan for this setup, please go ahead and read my blog post at: http://simplychartpatterns.wordpress.com/2012/11/12/bullish-bat-pattern-forming-on-the-daily-chart-of-nzdusd/
motleifaul
4 years ago
Do you still consider this a valid Bat Formation?
Reply
kschiangb6
4 years ago
Its still valid until it breaks above point C before reaching Point D
Reply
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