Nico.Muselle
Long

NZDUSD - bullish bat pattern looking for completion

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
589 5 6
No lengthy explanation this time as the chart pretty much speaks for itself. Price is currently sitting right under a resistance level and has been rejected a couple of times. Chances are high that the bat pattern will complete around 0.7510-20. That's where I will look for a long position.

Target 1 is a retracement into the current price level and is very likely to be reached, Target 2 is a bit more tricky as it would mean that we'd have to break through that resistance level and retrace to the B-point of the bat pattern .
New !!!! Crypto High Tops available now on https://unicornllama.com
Do also check our brand-spanking-new Crypto Sports Edition
hi nico
+1 Reply
Nico.Muselle MOD manijeh.kazemi.33
This could point in the same direction as my analysis, excellent ! :)
+1 Reply
Hiya. The title mentions EURNZD but the chart on view is the NZDUSD. Am I missing something? Thanks!
+1 Reply
Excellent remark ... just checking if you guys would notice... Hahaha ..
No, I was just in a hurry to post and made a mistake, you're the first to see it, thanks for that, I'll correct the title now ! :)
Reply
Pyramidal Nico.Muselle
Hey no problem :-)
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out