lyl89
Long

AUDNZD - Bullish Bat Pattern on H4 Chart

FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUDNZD             seems to be ranging at the moment, but slightly downtrend.
This bat pattern is about to complete, setup looks good based on the tight PRZ.
Stop loss is placed slightly below the 4HR support level .
R:R at 2.3 (TP1) and 3.7 (TP2).

Not much upcoming news on AUD and NZD except for AUD cash rate on 6 December.
I will update when pattern completes, most probably entering a long position based on 1H chart.
Trade active: I have taken a long position at 1.440.
Trade closed: stop reached
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