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SirfromRotterdam
Jun 14, 2017 8:51 PM

EUR/NZD 4hr chart  Long

Euro Fx/New Zealand DollarFXCM

Description

Hello everyone,

I think this will be a nice trading oppurtunity.
When I look at the chart I see three things

1. A nice AB=CD pattern
2. Bullish divergence
3. Previous ressistance potentially becomes support.

My targets will be at the 38.2 and 61.8 fib level of the AB=CD.
Stop loss@ 1.52000

Cheers
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