NZDUSD:Bearish AB=CD Pattern and the 0.618RET

By AdamHong
Uppdaterad
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
Handel aktiv
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TP1 reached.
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Very nice,TP2 reached.
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snapshot
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350 pips were taken most.
0-618AB=CDNZDUSD
AdamHong

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