Hi, guys, this analysis is for those who want to hold the position for long-term
this strategy's name is BAMM (bat action magnet move ) when we predict a bat pattern on the chart we should wait for B leg breakdown and then enter the trade, in this case, I predicted one nice bat pattern on weekly chart NZD/USD and as you can see B leg breaks down and now we can enter the trade to D leg .
I hope you enjoy it.
this strategy's name is BAMM (bat action magnet move ) when we predict a bat pattern on the chart we should wait for B leg breakdown and then enter the trade, in this case, I predicted one nice bat pattern on weekly chart NZD/USD and as you can see B leg breaks down and now we can enter the trade to D leg .
I hope you enjoy it.
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it's a good opportunity to enter the short on NZD/USD and the price continues to go down
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SL can be on the previous high.
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