chartreader_pro

AUDNZD I SHS Pattern and Long Opportunity

Long
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OANDA:AUDNZD   Dollar Australien/Dollar Néo-zélandais
Description: As seen in the H4 Chart Timeframe, AUDNZD completed a Bullish Inverted Head and Shoulders pattern as a reversal of the minor downtrend. Our targets are 1.08300 and 1.08900. If the trade works as predicted we will look for a short opportunity at D leg based on bearish harmonic butterfly pattern.

So our AUDNZD Trade Idea:

TRADE: LONG

ENRY: 1.07700

STOP: 1.06800

TAKE PROFIT 1: 1.08300

TAKE PROFIT 2: 1.08900

Good Luck

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Transaction en cours:
Transaction en cours:
Reached the first target...You may take some profit and move SL to entry
Transaction en cours:
We have reached the second target. Trade generated 140 pips. Now we look for a short opportunity. We will publish the short trade setup as soon as it is executed.

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