Two possible situations on AUD/NZD
Long Idea - Head and Shoulders pattern
Short Idea - If the first idea was successful you can short it at 61,8 fib (red zone) because we have a bearish Cypher as well.
I will look closely both of the situations.
We have a bearish Cypher and a Butterfly pattern on AUD/CAD
You notice that we still have a Head and Shoulders pattern, so the Cypher and Pattern will be a retest of the neckline and then go UP again.