NZDUSD 1H seems to be in a downtrend right now. Plus, RSI is reaching a high point, and if market can reach higher, we're gonna have a potential bear Bat pattern for a sell opportunity. Also, the completion of the Bat pattern is at the retest of previous structure, which means this can also be seen as a structure trade for all structure traders out there.
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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.