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VasilyTrader
5 Th01 2018 10:55

bearish bat formation Giá xuống

New Zealand Dollar/U.S. DollarFXCM

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Despite the fact that right now we are contemplating very sharp movement up, probably, the market reached its reversal zone.
We see comlited bat pattern and fibs confluence; looking left we notice structure and RSI shows overbought condition.

Targets are based purely on structure.
Stops above A point.

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Closed in the zone

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Attempt to go higher

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Pattern is violated
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OmarNAMOUCHI
Nice analysis,
The $ is oversold too,
Good luck mate,
VasilyTrader
@omar87, thank you! good luck
nezyrinfx
It can be an Alt Bat pattern. Both 4hr and Daily shows divergence.
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