6.1.8.Family
Long

A Potential Bullish Bat Pattern on NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Out of all the advance patterns, Bat pattern is my favourite. And this is because of the favourable risk : reward ratios it generates. Usually, there is a 1: 2 risk : reward ratio. However, taking into account the structure on this trade, I am taking a 1:1.5 which meets my trade plan requirements, and potentially shooting for higher target.

So what does this trade has to offer in terms of technical analysis:

1. A support zone .
2. Ratio confluence.
3.Divergence
4.And of course a potential Bat pattern .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out