NZDUSD AB=CD pattern and 38.2% Fib retracement
Updated
Hi traders,
On the 4H NZDUSD we have an AB=CD pattern forming, which completed around the 38.2% Fibonacci retracement of the downwards move from November.
Entry: 0.71221
Stop: 0.71677
Target: 0.70406 = R:RR 1.79
Good luck guys!
On the 4H NZDUSD we have an AB=CD pattern forming, which completed around the 38.2% Fibonacci retracement of the downwards move from November.
Entry: 0.71221
Stop: 0.71677
Target: 0.70406 = R:RR 1.79
Good luck guys!
Trade active
Trade closed: stop reached
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