NZD/JPY - Bearish Bat
We're looking at NZD/JPY on a 4h chart, this is an excellent shorting opportunity (we are trading with a 1:2 risk to reward).
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I'll be looking for extra confirmation once we approach our D point, this is definitely one to watch. I hope you all have a good weekend when it comes!
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I'll be looking for extra confirmation once we approach our D point, this is definitely one to watch. I hope you all have a good weekend when it comes!
📈 Master the Art and Science of Trading: sixfigurecapital.com
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.