AUDNZD triangle pattern (+339 pip)

AUDNZD inside triangle pattern, and create ABCD pattern.
in this setup we have 2 target for short at 1.0556 and 1.0377
stoplevel above 1.0768

Open short : 1.0718
Stoplevel : 1.0768 ( or use your money management rules)
takeprofit position : 1.0556 (164 pip) or 1.0377 (339 pip)
R/r Ratio : 3,44 and 7

Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

Trade geschlossen: Stop wurde erreicht:

-46pip