AUDNZD - Bullish Bat Pattern Completed on H4 Chart
- Bat pattern has completed
- RSI at oversold level
- R:R at 1 (TP1) and 1.7 (TP2)
Keep a lookout for RSI divergence.
Previous idea on USDCAD completed bat pattern showed RSI failure to show any sign of retracement below 70.
Trade active
Long at 1.07043Note
Shifted SL to breakevenNote
Trade is running at about 60 pips profit, we are close to TP1.Traders may choose to shift SL to lock in 30 pips profit, depending on individual.
Trade closed: target reached
TP1 hit with 95 pips profit.Congrats for those who followed.
Trade closed: target reached
TP2 hit with 180 pips profit.
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Related publications
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.