MichaelCollins18

NZD/JPY Bearish Bat formed on daily chart

Satış
OANDA:NZDJPY   Yeni Zelanda Doları / Japon Yeni
Good evening everyone I hope your all having a good week so far, here we have the NZD/JPY on the daily chart having formed a Bearish Bat, this is an ideal selling opportunity.

This has a risk reward ratio of over 1:2

Added confluence and RSI has strengthened my position here giving me more confidence the New Zealand Dollar will drop against the Japanese Yen.

The ratios for a valid bat pattern are:

B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

I hope you all have a good week and weekend ahead, if you have any questions feel free to connect with me on trading view, or drop a comment below,

Thank you








Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.