1. ABCD harmonic pattern @160.00
2. 1.414 extension of AB
3. 1.618 inversion of BC
4. Resistance level @160.13
5. Look left for structure
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Manager.A
www.rcpforex.com
I posted yesterday that this zone was a good for a bearish opportunity (in my opinion). And a Bat could complete just there, you can trade it like just an advance pattern or can be the perfect excuse to enter short and aim for extended targets. I'll leave down the idea that i'm talking about, Good trading!
GBPNZD on the 1H chart shows the flag pattern which may continue the downside movement on the breakout of the flag. Ration is 1:1. As soon as the candle will close bellow the line, it is a signal to sell the currency
