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Euro / New Zealand Dollar
Short
May 12, 2016
POTENTIAL BEARISH BAT FORMATION
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Potential bat pattern setup in the EURNZD.
It will need some time to get to the PRZ and completion point.
When and if PRZ reaches, watch price-action closely to enter a short position after the confirmation candle.
(!) The confirmation candle is the candle that has a close in the PRZ and has wicks covering the low and the high of the PRZ.
~ Chartist
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Bat
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Harmonic Patterns
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