PlutusX

Possible Bat Pattern NZDUSD

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD broke the descending trend line and is testing major support 3 times with teaser pop and doji candles forming. These are great indicators of a trend change. Assuming the trend respects the support the bat pattern will form and we will take profit prepping for the short. We will wait for a candle confirmation before shorting.

However, we are risking ~3% on this pair, total. The Risk to Rewards Ratio is 1:2.

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