NZDCHF - Potential Bat Pattern forming on H4 Chart
Updated
A potential bullish bat pattern is completing very soon with RSI at oversold level.
PRZ is also at a good support level.
However, we still need to see some price or RSI retracement upon pattern completion to decide.
R:R at about 1.7. Good luck and have a good week ahead.
PRZ is also at a good support level.
However, we still need to see some price or RSI retracement upon pattern completion to decide.
R:R at about 1.7. Good luck and have a good week ahead.
Note
Pattern has completed but RSI is still hovering at the oversold level.Not signal to long at the moment.
Note
Can look to long at the next H4 candle.Trade active
Hope you guys took the trade, suggest to shift SL to breakeven for a risk-free trade.Trade closed: stop reached
Trade closed at breakeven.
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