Hi traders,
On the EURNZD I'm looking to enter short at the completion of this AB=CD pattern, which lines up with the 161.8% Fibonacci retracement of the December 2016 move.
Entry: 1.55812
Stop: 1.56971
Target 1: 1.53425 = R:RR 2.08
Target 2: 1.50996 = R:RR 4.22
Good luck guys! Updates will follow.
On the EURNZD I'm looking to enter short at the completion of this AB=CD pattern, which lines up with the 161.8% Fibonacci retracement of the December 2016 move.
Entry: 1.55812
Stop: 1.56971
Target 1: 1.53425 = R:RR 2.08
Target 2: 1.50996 = R:RR 4.22
Good luck guys! Updates will follow.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.