BoonHooi

Potential Bat pattern on the NZDUSD

Long
BoonHooi Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Spotted a bullish Bat pattern on the NZDUSD pair at around 0.6900/50 levels
Daily RSI moving down to the OS region, building up a higher potential trade

As the recent move down is very strong, I would expect price to hover around the PRZ for awhile before it can achieve a significant bounce.
I would be patient and wait for the reversal pattern to go long at the PRZ.

Happy trading everyone
Comment:
Still no trade at this moment, price continues to move down.
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