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glennmercer
Dec 24, 2015 6:06 AM

NZDUSD Short: Wolfe Wave to Complete Bat Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD has retested a BAMM line and in doing so has completed a bearish Wolfe Wave. Going short here would target the completion of the Bullish Bat which coincides with both a missed daily pivot and the EPA/ETA combination from the bearish Wolfe Wave. Market entry used with SL above structure highs and target at the completion of the bullish bat pattern.

Trade active

Trade closed: stop reached

-9 Pips
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