OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
What's up everyone, here we have AUD/NZD             with a bearish bat pattern on the daily chart .

Excellent opportunity with over 1:2 risk to reward.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

The B point formed at a key level in the market, therefore I'm using this as my final take profit level rather than a 0.618 retracement of A to D.

I hope you all have a great week!
Learn How to Trade the Most Advanced Market Patterns: https://www.sixfigurecapital.com

Join my Telegram Channel: https://t.me/SixFigureCapital

Facebook: https://www.facebook.com/lewglasgow/
Instagram: https://www.instagram.com/lewglasgow/
Looking good mate, so many patterns to trade mate!
Reply
LewisGlasgow PRO MichaelCollins18
@MichaelCollins18, thanks mate, we've got a lot on our list but it's a waiting game for now.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out