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NZD/USD - Bearish Bat

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
LewisGlasgow  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Harmonic Patterns Bat Chart Patterns lewisglasgow lewglasgow sixfigurecapital six000 Bearish Bat harmonicforex stayharmonic Forex
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harmonicpatterns batpattern chartpattern lewisglasgow lewglasgow sixfigurecapital six000 bearishbat harmonicforex stayharmonic forex
What's up everyone, today we have a shorting opportunity on NZD/USD with a bearish bat pattern on the 1h chart.

Excellent opportunity with over 1:2 risk to reward.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

The ratio alignment for this setup is spot on, almost perfect.

Below is my view on the 4h chart.

snapshot

I hope you all have a great week!
📈 Master the Art and Science of Trading: www.sixfigurecapital.com
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