NZDCAD bat pattern
Updated
NZDCAD created a bearish bat pattern and is now trading a little bit above 0.886% retracement of the XA leg.
If you look at the volumes you can clearly notice that the pressure is shrinking and now there are high probabilities of a retracement towards the Point of Control in H4 chart (which also corresponds at 0.618% of Fibo retracement of AD leg).
Enjoy your trading!!
If you look at the volumes you can clearly notice that the pressure is shrinking and now there are high probabilities of a retracement towards the Point of Control in H4 chart (which also corresponds at 0.618% of Fibo retracement of AD leg).
Enjoy your trading!!
Trade closed: target reached
PRICE HIT OUR TAKE PROFIT!!!EXCELLENT TRADE
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