TOPFX.Kimmy

AUDNZD H1 POTENTIAL BULLISH BAT and BEARISH CYPHER

FX:AUDNZD   Australian Dollar/New Zealand Dollar
Our primary trading pattern is Bearish Cypher , if price shoots up to 1.08514 upon completion, a potential reversal zone which offer us a chance to get short.

If price action goes as plan, then a secondary trading pattern will be Bullish Gartley , it forms around 1.07287, a potential reversal zone as it respects to previous consolidation area.

Blue box is the floating area for this trade, it forms by taking the current possible support (1.07129) and the next possible support (1.06859). Stop loss is placed just below the blue box just in case the current possible can't hold the pressure.

Comments are highly welcomed here, regardless criticize or complement!! We learn by giving, accepting and respecting each other's opinion. Thanks, and happy trading TRADINGVIEWERS!!!

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