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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.