EURNZD:Bullish AB=CD Pattern and the 1.618EXT
The bullish AB=CD pattern completed at 1.596 level and the 2.0REXT of B-C is at 1.595 level.
Meanwhile The 1.618EXT of AB locates at 1.594 level.
Additionally the Demand Zone works at 1.593-1.596 levels.
So it is good to buy at 1.593-1.596 levels when price action gives signals in the PRZ.
SL:below 1.590
TP1:1.604
TP2:1.614
TP2:1.622 and further more
Meanwhile The 1.618EXT of AB locates at 1.594 level.
Additionally the Demand Zone works at 1.593-1.596 levels.
So it is good to buy at 1.593-1.596 levels when price action gives signals in the PRZ.
SL:below 1.590
TP1:1.604
TP2:1.614
TP2:1.622 and further more
Trade active
Trade closed: stop reached:
Just 70 pips were taken.
