GBPNZD - Bat Pattern Forming SOON!
Bat patterns on GBPNZD are very profitable on the 4H timeframe.
- Entry: 1.96189
- Stop Loss: 1.97407
- TP1: 1.94499
- TP2: 1.93456
I have set a limit order at my entry price. If price moves against me I will trail my take profit levels in accordance with the 38.2 and 61.8 retracement levels from the low of the pattern to the current price level.
If the pattern is invalidated before hitting my entry limit order, I will delete the order.
- Entry: 1.96189
- Stop Loss: 1.97407
- TP1: 1.94499
- TP2: 1.93456
I have set a limit order at my entry price. If price moves against me I will trail my take profit levels in accordance with the 38.2 and 61.8 retracement levels from the low of the pattern to the current price level.
If the pattern is invalidated before hitting my entry limit order, I will delete the order.
Related publications
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.