AUDNZD; Back To The Bullish Mode

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