AUDNZD Short: Bearish Bat Trend Continuation + Wave Count

AUDNZD is nearing the PRZ of a bearish bat pattern on the hourly chart. The bearish bat may complete the wave (ii) retracement to continue the bearish trend down to wave (iii) completion. The PRZ of the harmonic pattern is confluent with previous fourth wave support. Entry is placed at .886XA with SL at 1.1XA and target at (i) = (iii).

Trade ist aktiv:

Short active at 1.06491

Trade wurde manuell geschlossen:

Trade closed manually: +35 pips
Recount shows possible end of correction and upcoming bullish movement. Chart coming soon

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