KamalFX

NZDUSD BAT PATTERN X SUPPLY

Short
FX:NZDUSD   Dollar Néo-Zélandais / Dollar Américain
Sorry for the late upload price moved too fast. Here we have NZDUSD touching some key resistance if you look left. My entry was actually above the 88.6 Fibonacci level at 0.6943. Reason why is because I want my harmonic entries to always synchronise with a supply or demand zone, so I placed my limit order at the beginning of the supply zone and got a decent entry despite the dodgy wick.

Although this is a harmonic trade, I chose to place my stop loss above structure for obvious reasons as it still allowed for a decent risk to reward ratio.

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