AUDNZD long with batpattern

9 Sep 2015

A recent series of NSL's was stopped by a NSH violating LH. Thus the last NSL is now considered to be a false breakout. As price moves in trends there's a high probability of another up impulse appearance. I expect at least a retest of the NSH. Bat pattern gives us a very nice risk to reward so we can enter this trade using it)