This Bat was found on the Weekly TF. Head and Shoulder currently finishing, once we get confimation in the zones WAIT for candle rejection to maximize profits.
An ab=cd pattern was used to define this significant turning point, upon completion of the PRZ, price has consolidated and done 4 hits to the high, stabilising at the peak of the completion of the pattern.
I use the take profit levels of the pattern and apply aggressive trade management.
*NOTE*
DO NOT MOVE STOP LOSS PREMATURELY, THIS CUTS POTENTIAL WINS.
A potential bearish bat pattern is almost completing, RSI is almost at the overbought level as well.
PRZ is at a good resistance level.
R:R at 1.5 (TP1) and 2.6 (TP2). Good luck.
EURNZD will reach 1.68 in about 140 pips. This is the March and April high and there is a shark pattern to short. This maybe the turning point for the pair but in any case, there will be a good reaction to catch some pips here.
