TheDailyTrader_FX

GBP/NZD 1D Bull Bat @ 1.82725

Long
FX:GBPNZD   British Pound / New Zealand Dollar
Following a recent swing down at the end of the last year, pair is now potentially forming a bullish bat pattern completing at 1.82725. If price comes down to this level then I will be looking for entry signal on lower time frame. When price is approaching this level RSI must be oversold and diverging to confirm buy signal. ATR based stops below the patterns starting point X.

Trade your plan and good luck in the markets!

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