Australian Dollar / New Zealand Dollar

Long

Updated

Long AUD/NZD by AB=CD, long AUD/CHF by bat

hello all, i found to harmonic pattern about AUD.

*AB=CD pattern in AUD/NZD

c is 50% retracement of AB (1.10614) also the PRZ do have strong support, you can see there is RSI divergence there

*AUD/CHF bat pattern. Here B is near 50% retracement of XA (0.74601) also D is near 88.6% of XA and 1.618 times of BC (0.72414). Also a RSI divergence

snapshot

trade with patient and confidence

Trade closed: target reached

thanks

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.