PlutusX

EURNZD Harmonic ABCD Pattern Analysis and Strategy

Long
FX:EURNZD   Euro / New Zealand Dollar
We see the formation and completion of this harmonic pattern on the 1 hr chart. Price action has also reached a major support zone at the completion of this pattern. These technical indications signaled us to take a long position with take profit set on the green zones. EURNZD

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.