TradingView
LewisGlasgow
22. Mrz. 2016 19:18

AUD/NZD - Bearish Bat Short

Australian Dollar/New Zealand DollarFXCM

Beschreibung

I'm loving all of the Australian Dollar pairs at the moment, here we have AUD/NZD on a 1h chart with a completed bat pattern.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

This links up perfectly with my long term prediction on the pair, this can be viewed below.
Kommentare
MarlyForex
Well Spotted mate, if it breaches D it will likely hold just below X creating a beautiful Double Top!
LewisGlasgow
Exactly what I was thinking man, running in profit just now but I'll keep a close watch in case it makes a move resistance
MarlyForex
yeahh! , i will keep an eye also and look out for your post this should be a good 1
Mehr