NZDCAD H4 - Simple ABCD with 50% fibo retracement - why not?

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
82 1 2
I am big fan of AB=CD correction. Here is potential zigzag AB=CD , and 100% fib extentsion is confluenced with 50% of retracement. So... again, let us see....
Trade closed manually: Hate when there is no move but consolidation. No patience to wait :)

also seems to have some fib confluence at the entry level
+1 Reply
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