SergeantPringles

AUDNZD - Bat into next week

SergeantPringles Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
9
We are currently sittin in the right shoulder of a daily head and shoulders pattern. Wether we can confirm this or not is questionable currently. The fact that the last upwave failed to reach the upper line of the triangle makes me think that chances are there that we might break the triangle to the downside into next week.
we still might see the bat working tho.
or we also might see it working so well that we can break the triangle to the upside.

you cant really predict what will happen at this point.

but i will trade the bat, as well as try some lowertimeframestuff if we see confirmation.
Comment:
Here the bigger picture for reference
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