This has a risk reward ratio of over 1:2
Added confluence and has strengthened my position here giving me more confidence the New Zealand Dollar will drop against the Japanese Yen .
The ratios for a valid are:
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
I hope you all have a good week and weekend ahead, if you have any questions feel free to connect with me on trading view, or drop a comment below,