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NZD/USD - Bullish Bat + Descending Channel **ANOTHER ONE**

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
cdschultheis15  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
chrisschultheis lewisglasgow sixfigurecapital six000 harmonicforex Bullish Patterns Bat technical_analysis Fundamental Analysis Descending Channel
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chrisschultheis lewisglasgow sixfigurecapital six000 harmonicforex bullish batpattern technical_analysis fundamental descendingchannel
WE GOT ANOTHER ONE!

Today, we have the NZD/USD -1.02% on the 1W chart. It looks like we have potential for ANOTHER bullish bat!

LOTS of confirmation on this analysis!
The pattern is forming within the ascending and descending channel .

For all you fundamentals out there, the U.S. will be raising rates 3 more times this year. That means price will be going down, which explains the descending channel

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

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NZD/USD - Bullish Bat + Descending Channel
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