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Fxprotrader
Mar 22, 2016 3:49 PM

AUDNZD Bearish Bat Pattern About To Complete Short

Australian Dollar/New Zealand DollarFXCM

Description

Keep an eye at AUDNZD as we may soon have a bearish bat pattern completion. Stoploss and profit targets as shown at the chart. If price reaches the first target we move stoploss at BE to second trade.

Trade closed: target reached

An almost unsuccessful setup, turned to a successful one. We now move stoploss to breakeven at second position..

Trade closed: target reached

Second target reached
Comments
RalfDiana
Thank You hope and have a nice evening
RalfDiana
Hi I hope I understand this time Do we sell if the price reaches 1.1297 I believe and first TG 1.1241 second 1.1206 and SL 1.1334 more or less or am I wrong somewhere?
Thanks again
Fxprotrader
Yes that's right mate :)
LewisGlasgow
Links up perfectly with my long term analysis on the pair, should see a big move shortly. Great share :)

Fxprotrader
Thank you sir.. Your analysis looks very solid, well done..!
LewisGlasgow
Thank you, I'll be keeping an eye on this pattern for an entry!
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