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Daniel.Dalo
Jun 15, 2014 4:36 PM

NZDUSD - Bearish Bat on sight!! Short

New Zealand Dollar/U.S. DollarFXCM

Description

Guys, this is a great short opportunity as a Bat pattern is close to completion on the 4H timeframe. This pattern has great internal structure for possible targets (which I've marked on the chart) and point of completion right at a good resistance level as well, so very high probability trade here.

We can have an extra confirmation at point D if RSI goes overbought.

Good luck everyone!!
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