GBNZD LONG BAT ? 177pips
Updated
Well what do we got here?
Our bounce strategy hit SL
so...
GBPNZD Bullish BAT ?
Point B retraced XA past .5 level but not beyond 0.618 CHECK
Point C retraced AB past 0.618 but not beyond 0.886 or A CHECK
(If) price retraces XA and touches 0.886 to form Point D (also 1.618 extension of AB)
Then we're LONGing
600 SL
TP 1 ~ NZD 1.95721
TP 2 ~ NZD 1.95930
t > bizlus #ff
Our bounce strategy hit SL
GBPNZD Bullish BAT ?
Point B retraced XA past .5 level but not beyond 0.618 CHECK
Point C retraced AB past 0.618 but not beyond 0.886 or A CHECK
(If) price retraces XA and touches 0.886 to form Point D (also 1.618 extension of AB)
Then we're LONGing
600 SL
TP 1 ~ NZD 1.95721
TP 2 ~ NZD 1.95930
t > bizlus #ff
Note
Near miss on the exact entrym but good luck to anyone who entered around NZD 1.94297Trade closed: stop reached
And BAT failed as well.ikhwanhafidz, wh
Note
And BAT failed as well. ikhwanhafidz mentioned NZD retail sales data, maybe that strengthened the NZD
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