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AidanMDang
Jun 20, 2019 10:08 AM

EURNZD AB=CD Pattern Completed, Expecting Retracement to .382 Short

EUR/NZDOANDA

Description

EURNZD is presenting us with a nice opportunity to sell the pair after it has completed a harmonic AB=CD pattern. First target will be the 1.272 extension of the MOST recent small bearish impulse, and second target will be the . 382 retracement of the AD impulse leg: a level with strong confluence with structure.

Comment

Trade closed: target reached

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