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TerryHarmonicTrading
24 sept. 2017 05:24

GBPNZD - Bearish Bat at 1.8770 Short

British Pound/New Zealand DollarFXCM

Description

This is what I see on GBPNZD.

A nice bearish bat completing at 1.8770.

Will be watching high impact news on NZD very closely.

This trade could happen right after a high impact NZD news.

Will be watching out for the following before executing my trade.

1. Ultra high volume bar before reaching PRZ
2. Weak breakout above 1)
3. Wait for mid/high volume bar closing on the lows after 2)

Decide whether to enter.
Plus