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themarketzone

Potential Buy Zone - AB=CD and Fibonacci

Long
British Pound / New Zealand Dollar (FX:GBPNZD)  
themarketzone Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
GBPNZD GBPUSD cable Harmonic Patterns AB=CD NZDUSD
7
1
gbpnzd gbpusd cable harmonicpatterns abcdpattern nzdusd
Potential Buy Zone in $GBPNZD as this pair is reaching the 61.8 Fib retracement level and in the process completing an AB=CD pattern near 2.16.
1. Structure (GAP)
2. Fibonacci - 61.8 Fib
3. AB=CD pattern
4, RSI - Near oversold (daily)

Potential Target Zone - 2.25.

Tomer, The MarketZone
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Comment:
Testing the lows of the Buy Zone.
Waiting for the new trading year with that one.
GBPUSD completed bullish Bat - Interesting

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