11 Feb 11 - Bullish Bat Pattern on NZD/USD - H4

In the case of this trade done, there was a harmonic meltdown on this trade done. Anyway, this was due to an ambitious attempt as the trade was done at the end of the week which was risky as there might be weekend gaps and in this case, the price gapped down and continued to move lower.

There was a warning initially as price was moving sideways and there was an opportunity to get out but I decided to hold on though.

Trade Details

• Date: 11 Feb 11
• Time: GMT 16:00
• Price: 0.76056
• S/L: 0.75350 (70.6 pips)

Trade Update

Trade was closed when the S/L was triggered on 15 Feb 11, GMT 09:52 at 0.75346, resulting in a loss of 71 pips on both batches.