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EURNZD Bullish Bat Pattern And Long Opportunity Update: TP1 Reached

EURNZD Bullish Bat Pattern And Long Opportunity

Description: Chartraderpro finds a forming Bullish Bat Harmonic Patterm  on H1 Chart timeframe. Potential bullish correction is predicted.

Pair / Instrument: EUNZD

Time Frame: H1

The trend in the Timeframe: Bearish

The trend in the Daily Chart:  Bearish

Trade Based On: Bullish Bat Pattern

Accuracy: %68

Recommended Lot Size: 0.04@ 10 K Account with 1:100 Leverage

Trade: Long

The Area Of The Entry:  1.75440 – 1.75300

Stop Loss: Below 1.74680

Target 1: 1.75900

Target 2: 1.76300

Target 3: 

What to Pay Attention: 

Update: TP1 Reached 50 Pips. Close 30% of the positions and move Sl to entry.

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Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

EURNZD Bullish Bat Pattern: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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