NZD.USD - Bearish Bat Setup - 0.7261

Penjualan

Dollar New Zealand / Dollar AS (FX:NZDUSD)

FX:NZDUSD Dollar New Zealand / Dollar AS

short shortsetup sell bearish nzdusd ukforexsignals batpattern

On the NZD.USD 1H chart we have a potential short opportunity at the D leg completion of a bearish Bat Setup.

The price reversal zone on this pair is between .7261 & .7295
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Bat Setup placed at the .382% and .618% retracement of the A to D move.
There is also opportunity to look for extended targets at around .7016
Stop loss would be placed above X leg structure resistance.

Target 1 - .7150
Target 2 - .7080

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