Snehath

NZDUSD Bat pattern long opportunity at last week's low

Long
Snehath Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
I know you must be thinking that it is not a good idea to go against the USD. I kind of agree but there is a very nice pattern setting up.

I see M30 divergence and overall the H4 is showing sellers weakness.

This maybe a slow trade as it is thanksgiving in the US but let's see how this pans out.
Trade closed: target reached:
Trade closed at 0.7044. This pair is still bearish so I am not overstaying my welcome. Expect another challenge of 0.700 next week for another long opportunity.

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