KelvinShamKaiMan

(EP #78) Kelvin Trade Ideas - NZDJPY Bat Pattern 2020-04-06

Short
OANDA:NZDJPY   Dollar Néo-Zélandais / Yen Japonais
A bearish bat pattern is almost complete in one hour chart, it provides a potential reversal level from 65.280 to 65.150. Because we can see a clear resistance level in the chart (blue box) (~65.300), so if I short the market from the potential reversal level, I can draw a beautiful stop loss level easily. I will wait for the market to give me confirmational signals which are near the potential reversal level, then I will decide should I short the market.

Please follow me if you want to know my trade ideas!
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.