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PlutusX
May 2, 2019 5:54 PM

GBPNZD Harmonic AB=CD Pattern Analysis and Strategy Short

British Pound/New Zealand DollarFXCM

Description

We see the formation and completion of this AB=CD harmonic pattern on the 4 hr chart. Price action has also reached a major resistance zone at the completion of this pattern. The completion of this AB=CD pattern signaled us to take a short position with our take profits set on the green zones. OANDA:GBPNZD
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