NZDUSD:Bearish AB=CD Pattern and the 0.618RET
Aggiornato
The bearish AB=CD pattern is complete at 1.273 level and the 0.618RET of previous drop is at the same level.
Meanwhile the previous structure also works at this zone,and strong resistance will be faced here.
So it is good to sell at 0.723-0.725 levels when price action gives signals in the PRZ.
SL:above 0.726
TP1:0.713
TP2:0.706 and further more
Meanwhile the previous structure also works at this zone,and strong resistance will be faced here.
So it is good to sell at 0.723-0.725 levels when price action gives signals in the PRZ.
SL:above 0.726
TP1:0.713
TP2:0.706 and further more
Trade attivo
Commento
TP1 reached.Commento
Very nice,TP2 reached.Commento
Commento
350 pips were taken most.
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