New Zealand Dollar / U.S. Dollar
Short
Updated

NZDUSD - Bearish Bat Pattern on M15 Chart

88
Hey guys, short term trade based on 15 minute chart to lock in some pips.
  • Waiting for RSI to hit overbought level
  • R:R at about 1 (TP1) and 1.6 (TP2)
Note
It appears to be a gartley pattern instead.
snapshot
Note
Price reacted to bearish gartley pattern and hit TP1.
snapshot
Note
Might be again to go short again, Type II retest.
snapshot
Trade active
snapshot
Trade closed: target reached
TP1 strikes again!
I am closing this trade as I'll be going out.
If you guys have time to monitor, you can wait for TP2 to be hit.

TGIF. have a good weekend guys

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