EURNZD: Bullish idea based on AB=CD pattern
Hi traders,
On this EURNZD we have
a 127.2% Fibonacci extension of the A-B-A move and a 100% Fibonacci extension of the A-B-C
a 161.8% Fibonacci extension of the A-B-A move and a 141.4% Fibonacci extension of the A-B-C
Cheers
On this EURNZD we have
a 127.2% Fibonacci extension of the A-B-A move and a 100% Fibonacci extension of the A-B-C
a 161.8% Fibonacci extension of the A-B-A move and a 141.4% Fibonacci extension of the A-B-C
Cheers
Kommentera:
Nice rejection off the 100% AB=CD completion.
Kommentera:
Good reversal between the two patterns.
