EURNZD - Bearish Bat Pattern on Daily Chart
EUR/NZD Analysis
A bearish bat pattern is about to complete on the daily chart.
Waiting for price to hit the last PRZ point @ 1.57836.
RSI is reaching the overbought level, price is about to hit resistance of the trend line.
R:R about 2.8 (TP1) and 4.7 (TP2).
I will update when pattern completes.
A bearish bat pattern is about to complete on the daily chart.
Waiting for price to hit the last PRZ point @ 1.57836.
RSI is reaching the overbought level, price is about to hit resistance of the trend line.
R:R about 2.8 (TP1) and 4.7 (TP2).
I will update when pattern completes.
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