lyl89

NZDUSD - Bearish Bat Pattern on M15 Chart

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Hey guys, short term trade based on 15 minute chart to lock in some pips.
  • Waiting for RSI to hit overbought level
  • R:R at about 1 (TP1) and 1.6 (TP2)
Comment: It appears to be a gartley pattern instead.
Comment: Price reacted to bearish gartley pattern and hit TP1.
Comment: Might be again to go short again, Type II retest.
Trade active:
Trade closed: target reached: TP1 strikes again!
I am closing this trade as I'll be going out.
If you guys have time to monitor, you can wait for TP2 to be hit.

TGIF. have a good weekend guys

Comments

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