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New Zealand Dollar / U.S. Dollar

NZDUSD Bearish Bat

By peterfx
Updated
Bearish bat pattern completed on 60 min.

Previous S/R area

Trend line resistance

RSI diveregence

Trade active
Open: 0.71724
SP: 0.71912
TP1: 0.71496
TP2: 071338

Stops to B/E when hitting target 1.
Trade closed: stop reached
Didn't update the trade per my trading plan to adjust the profit targets based on how far the trade goes offside.

Had I done so and amended first profit target to 38.2 of A:new low of D, then I would've made a handful of pips and been stopped out at breakeven for the second position.

Follow your plan.
ButterflyUSDCAD
peterfx
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