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WirmachenTrader

Daily Bat Pattern with H & S Support at previous structure!

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
WirmachenTrader Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Daily Charts dailychart advancedpatterns highprobability riskreward structure Fibonacci Head and Shoulders Harmonic Patterns
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daily dailychart advancedpatterns highprobability riskreward structure fibonacci headandshoulders harmonicpatterns
Hey folks,

I've found a bullish Bat Pattern on AUDNZD Daily Timeframe. I do not trade based of the daily timeframe but thought this one might be interesting to share with you guys. There is also a potential Head and Shoulders Formation which makes it even more interesting. If we break the neckline of the H&S then there are potentially more traders looking to go long this pair.
As always,

Trade your plan!

Cheers, Felix
Trade closed: target reached:
Hit the 61,8 on both targets for a total profit of 625 Pips! (Risk was 114). Very nice Reward to Risk Ratio!
Erfolgreich traden lernen.
www.wirmachentrader.de
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