TomHall

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.
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