NZDCAD - Bullish Bat Pattern Completed on Daily Chart

16 בספט׳ 2017

I'm a little late for this pattern, but it's fine to enter next week as R:R is above 1 based on closing price, still within my risk appetite.
From experience, patterns found on daily and weekly charts have reacted positively so far.

If you want to wait for price to hit PRZ, R:R is 1.4 (TP1) and 2.4 (TP2).

16 בספט׳ 2017

הערה

For traders who want to enter at a better price, here's a potential bearish gartley pattern completing soon, RSI about to reach overbought level as well.
You might be able to short this gartley pattern then long the bat pattern, profiting 2 pattern trades.

18 בספט׳ 2017

הערה

Hey guys, Gartley pattern has completed and price closed in PRZ, RSI hit overbought level on H1 Chart.

18 בספט׳ 2017

הערה

Gartley pattern has reacted and halfway to TP1.

18 בספט׳ 2017

הערה