TheTradersAvenue

GBPNZD > Bearish Bat Pattern, Good for A Sell..

Penjualan
FX:GBPNZD   Pound Inggris / Dollar New Zealand
Analysis of #GBPNZD

Hi traders, today we will have a look at #GBPNZD


The GBPNZD has been moving sideways for a while now, and when the market moves like that, my favorite way of taking them is using harmonic patterns.

looking at my chart you can see I have a bearish harmonic bat pattern that might complete the D leg soon near key market level 1.9400, which I like to see.

Entry would be either a limit order at D leg completion or waiting for conservative entry at the structure resistance zone, getting confirmation the market turning bearish, then entering sell trade

I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one

Thanks for your continued support!

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.