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

FX:AUDNZD   Australian Dollar / New Zealand Dollar
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!
Trading Club - Seminare, Webinare, Kurse. Ein Club. Alles drin.
+1 Reply
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