AUDNZD waiting for completion of a bearish Bat Pattern
87
Entry point at 88,6% Fibo of XA leg confirmed by a trend line and 200 SMA (15 min chart)
SL at 113% Fibo of XA leg
TP at 61,8% Fibo of AD confirmed by previous structure or more (trading with the trend)
Perfect ABCD
This is a trade that goes with the trend, but there's a chance that the prices will consolidate or even go up, because the market has reached a previous structure level (seen on 4H chart)