Hey guys, this is Terry once again.
NZDUSD is on a steady uptrend for the past 8 months.
In pattern's perspective, we are looking at a potential completion of this bat pattern on the daily chart.
The zone to watch for reaction is around 0.7550 to 0.7580.
SL has to go above 0.78 with targets back to 0.69.
Expect some reversal chart pattern around the PRZ zone before you go short.
As this is a daily TF trade, expect to wait for reaction at PRZ before execution.
NZDUSD is on a steady uptrend for the past 8 months.
In pattern's perspective, we are looking at a potential completion of this bat pattern on the daily chart.
The zone to watch for reaction is around 0.7550 to 0.7580.
SL has to go above 0.78 with targets back to 0.69.
Expect some reversal chart pattern around the PRZ zone before you go short.
As this is a daily TF trade, expect to wait for reaction at PRZ before execution.
