geraldng0320
Short

NZDUSD Bearish Bat and Cypher Pattern fomring

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
84 2 0
Small Bearish Bat forming - I would short at 0.83315. SL @ .8352 -- TP1 @ 0.8315 -- TP2 @ .8287.
Or it will trigger a stop loss and extend to our Bearish Cypher pattern completion.

So, we could wait until the Cypher pattern completion and short at 0.8358
TP1 @ .8315 -- TP2 @ .8287-- SL @ .8410
Aqua-Life
2 years ago
If you take the same X point of the Bat, you also can draw in a Gartley completing at 0.8334, giving this price level some extra power.
Reply
geraldng0320 Aqua-Life
2 years ago
Thank you for pointing that out! Would be a nice short with these 2 confluence points
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