AUDNZD bullish setup RR=2 H4

2020-01-06 22:00:02

MACD Divergence showing a weakening bearish trend . Price is forming an inversed head and shoulders at the D point of a complete bullish crab pattern . I am expecting the price to reverse make a breakout of HS's neckline , go up and test previous key levels.
For a buy at 1.04075 SL at 1.03074 and TP at 1.06105 you get a RR ratio of 2