NZDUSD Bearish Bat and Bullish Cypher 60 min
The underlying trend of this pair is clearly bearish so any opportunities to get short that meet our rules we must jump at.
as you can see there is a potential Bat pattern setting up at 6738 which will also be a retest of previous structure resistance presenting a great opportunity to get short.
IF market continues to push down, THEN, there is a cypher pattern down at 6538. you might want to check your data though because the C leg comes within a tick or so of the 127 extension on my trading platform data so its not one I can involve myself in unfortunately.
Ill be looking out for the bat though!
as you can see there is a potential Bat pattern setting up at 6738 which will also be a retest of previous structure resistance presenting a great opportunity to get short.
IF market continues to push down, THEN, there is a cypher pattern down at 6538. you might want to check your data though because the C leg comes within a tick or so of the 127 extension on my trading platform data so its not one I can involve myself in unfortunately.
Ill be looking out for the bat though!