UnknownUnicorn180388

AUD/NZD - Bat PATTERN COMPLETION AT 1.037

FX:AUDNZD   Australian Dollar / New Zealand Dollar
AUD/NZD - Daily Chart - Bat Pattern

Here on the daily chart of AUD/NZD we have a nice Bat Pattern setup.
D leg completion at 1.037 giving us a nice reversal zone at previous structure support.

At 1.028 we also have a small support shelf for potential stops to go below.

We must see a completion at D leg before any long entry is triggered.

- SL must go above X
- Target 1 at 38.2% retracement
- Target 2 at 61.8% retracement

Good luck.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.