NZD/JPY - Bearish Bat
We're looking at NZD/JPY on a 4h chart, this is an excellent shorting opportunity (we are trading with a 1:2 risk to reward).
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I'll be looking for extra confirmation once we approach our D point, this is definitely one to watch. I hope you all have a good weekend when it comes!
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I'll be looking for extra confirmation once we approach our D point, this is definitely one to watch. I hope you all have a good weekend when it comes!
📈 Master the Art and Science of Trading: sixfigurecapital.com
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.