NZD/JPY - Bearish Bat

22 giu 2017

Hello traders, here we have NZD/JPY on the daily chart with a potential bearish bat pattern.

All-round excellent opportunity with over 1:3 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 additional confirmation before taking the trade!

2 lug 2017

Nota

This setup is on my watch list for the week ahead.

Currently 60 pips off the PRZ.

5 lug 2017

Trade attivo

Signal sent out in the Six Figure Capital Telegram channel.

5 lug 2017

Nota

Expecting momentum to continue.

3 ago 2017

Nota

Price has now moved back into profit following a test of resistance at X.



I'm expecting a move to 80.800 before price stalls at support.

9 ago 2017

Nota

80.800 has been breached, move your stop loss into profit.

24 ago 2017

Trade chiuso manualmente

To all those not in the Six Figure Capital telegram channel I closed my NZD/JPY position earlier today (30 pips off TP).

Well done to those who held :)