BEARISH BAT PATTERN ON NZDUSD / GOOD RISK REWARD / WITHIN TREND

20 mai 2016

Update on NZDUSD: Coming right into previous resistance which is typically a good way to look for a shorting opportunity. In this case the market gives us a bearish bat pattern at the 88,6 %Retracement from X-A. Moreover the Completion point D lines up perfectly with the 61,8 % Retracment from Swing High to Swing Low.
Targets and Stops as shown on the chart. Make sure it fits your personal trading plan!
Have a great weekend!
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23 mai 2016

Note

Hit TGT 1. Moved Stops to BE

24 mai 2016

Trade fermée: cible de profit atteinte

Hit TGT 2. Trade closed.