AUDNZD; Back To The Bullish Mode

FX:AUDNZD   Australian Dollar / New Zealand Dollar
194 4 9
This pair has been falling in recent days but this massive bullish 5-0 pattern is to be considered seriously. An inverted AB=CD on the 50% retracement zone is what constitutes an authentic 5-0 in this pair and since the time zone is also ripe for a rally, this pattern has a high chance of success.

Stop Loss and Take Profit levels are shown on the chart. I suggest using the 1BH breakout tactic for this swing trade.

Good luck,

Ali             Sharif Azadeh, CFTe
what is that different of a shark pattern with 0.5 retracement ?
5-0 forms after Shark.
Nice and rare pattern! Regards
+1 Reply
SharifAzadeh FullTimeTrader
Thanks buddy.
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