11021992
Long

NZDCHF long entry at AB=CD completion

FX:NZDCHF   New Zealand Dollar/Swiss Franc
6 months ago
Hi traders,

On this NZDCHF             chart I am looking for a long entry at point D of the AB=CD pattern. This is close to the 127.2% Fibonacci extension of the AB-leg. We can also see price reverse a few times at that point earlier. The stop goes below the fib extension, leaving some breathing room for price to go against us.
Entry: 0.67841
Stop: 0.67123
Target: 0.69417 = R:RR 2.19

Good luck! Updates will follow as usual.
5 months ago
Order cancelled: Pattern is no longer valid.
Feel free to send me a PM if you have any questions!

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