11021992
Long

NZDUSD: Bullish bat pattern completion at the trendline retest

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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22
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Hi traders,

On the NZDUSD the price has broken the bearish trendline . Now expecting a hit back at the trendline and move up again from there. We also have a bat pattern completion there.
Entry: 0.72755
Stop: 0.72579
Target: 0.73134 = R:RR 2.15

Good luck guys! Updates will follow.
Trade active
Trade closed manually: Closed at a small profit.
Have you looked at the MACD on 1 hour 2 hour and 4 hour plus the 8 hour pin bar all showing decisive action to short, any explanation why those would not be taken into account ???
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11021992 spartanguardtradinggroup
@tntstockpicker, I don't really pay attention to any indicators.
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