A bearish bat is potentially developing in AUDNZD H4 chart. Point C was formed and the price is moving up to point D. The price action needs to be observed in the PRZ. An entry is likely to be taken when price meets BCD 2.0 Fib retracement.
A bearish cypher was observed and it is confirmed by a shooting star candle which acts as a terminal bar as well. The RR ratio is 1.3 and 2.1 for TP1 and TP2.
Your feedback is highly appreciaited.
A potential bulish gartley is forming in the D1 timeframe. I will be waiting to observe the terminal bar hitting the PRZ then placing a long order and targeting 82.00 and 84.00 levels.
feedback is highly welcomed.
