Project 1001 Pips NZDUSD Bearish Bat Completion
Updated
Price has comleted a bearish bat pattern. Stoploss and profit targets as shown at the chart. If price reaches the first profit target we move stoploss at the second position.
Note
A quick update for those who follow this trade. Price almost reached the stoploss but we are now in the profit zone with a quick drop. I expect a correction at some point before price begins a new sell off. If we see price rising in sideways (corrective structure) that will be a very good sign for our setup as we will soon have another impulsive to the down. If you have any question feel free to ask..
Trade closed: stop reached
-53 pips
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