Hi traders,
On the NZDCAD I'm looking to enter long at the completion of this AB=CD pattern, combined with the 38.2% Fibonacci retracement of the big move since summer of 2015 and the 61.8% Fibonacci retracement of the smaller move since May 2016.
Entry: 0.91460
Stop: 0.90107
Target: 0.34890 = R:RR 2.54
Good luck guys! I will be updating this chart as time progresses.
On the NZDCAD I'm looking to enter long at the completion of this AB=CD pattern, combined with the 38.2% Fibonacci retracement of the big move since summer of 2015 and the 61.8% Fibonacci retracement of the smaller move since May 2016.
Entry: 0.91460
Stop: 0.90107
Target: 0.34890 = R:RR 2.54
Good luck guys! I will be updating this chart as time progresses.
Note
Target should be 0.94890.
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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.