TradingView
FilipMorgan
Feb 15, 2016 8:54 PM

AB=CD ?  Long

Euro Fx/New Zealand DollarFXCM

Description

In long-run we are in uptrend so buying is considered as a better option. Nowdays we are fluctuating in small range that could evolve in complete AB=CD pattern after break (and close above) out of the range. Entry point is on the bottom of the range after some signs of bullish price action, or after mentioned breakout. Exit is on previous highs and on the end of the pattern. Euro is in similar situation on eurusd so lets see:)
Comments
SniperFX
Looks like a consolidation before a continuation......we will see.....
More