Analysis pair AUDNZD

Head and shoulders on the floor in time monthly, beginning of wave 3 or C, Gartly pattern in the weekly Time, bat2 pattern on the daily time

The pair is making a recovery to the upside after it formed a hammer bar on the daily time frame. Its next target is at 1.0460, I think.

According to my news trading knowledge and experience I have opened a buy trade here on Friday, and till now I am waiting for my TP with 143 pips profit! Here my 1st TP is on 1.0931 and second TP is for another 60 pips! Yes, news trading is my always favorite since I get enough number of returns here in a quick time by doing news trading!

tandiiis posted:




Head and shoulders on the floor in time monthly, beginning of wave 3 or C, Gartly pattern in the weekly Time, bat2 pattern on the daily time

On h4 I found a pin bar setup with a trend line, last night I have opened thus trade and now Im with 65 pips profit! But till now I’m waiting for another 38 pips because of my 1st TP position!

I made 84 pips short overnight.

https://www.myfxbook.com/community/trading-systems/always/1481536,1