EURNZD, 1hr tf, bullish bat pattern


After yesterday we got a fierce drop from EURNZD. Price finally stop dropping after meeting the ascending trend line.

For me, it looks like a bullish bat harmonic pattern forming. We might see some upwards movement towards 1.6950-1.6930 area which is 61.8 retracement of CD leg.

Buy EURNZD 1.6830
Stop loss 1.6770
Take profit 1.6950 (2R)

Use only 1-2% risk
Good luck
BatBullish BatEURNZDeurnzdbuyeurnzdlongFibonaccipriceactionpriceactiontradingSupport and Resistance

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