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Bullish ABCD pattern - NZDCHF (60 Mins)

Long
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
safri  
FX:NZDCHF   New Zealand Dollar/Swiss Franc
harmonictraders Harmonic Patterns AB=CD
5
0
harmonictraders harmonicpatterns abcdpattern
Hello Traders,

It has been observed that price is making bullish AB=CD pattern. I am expecting price to resist in potential reversal zone and reverse. Here, PRZ is made of AB=CD and 2.618BC Fibonacci ratio confluence. This potential trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.3 for Target-2.

Happy Trading!!!
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