NZDSGD Bullish Bat Day chart
Hi All,
Here we have a valid Bat pattern forming on the day chart. Valid due to points all falling within their given ratio:
B:0.382 - 0.50
C:0.386 - 0.886
D:1.618 - 2.618
X-D:0.886
Weekly chart trendline close to the D point so could show a test of that support trendine causing a bounce upwards
Will update daily
Here we have a valid Bat pattern forming on the day chart. Valid due to points all falling within their given ratio:
B:0.382 - 0.50
C:0.386 - 0.886
D:1.618 - 2.618
X-D:0.886
Weekly chart trendline close to the D point so could show a test of that support trendine causing a bounce upwards
Will update daily
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.