NZD.USD - Bullish Bat Setup - .6757
On the NZD.USD Daily chart we have a potential long opportunity's at the D leg completion of bullish Bat setup.
The price reversal zone on this pair is between .6757 & .6670
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at .7328
Stop loss would be placed below X leg structure support.
Target 1 - .7034
Target 2 - .7207
The price reversal zone on this pair is between .6757 & .6670
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move.
There is also an opportunity to look for extended targets at .7328
Stop loss would be placed below X leg structure support.
Target 1 - .7034
Target 2 - .7207