akyong
Short

NZDUSD: Potential Short Confluences

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
70 3 1
We have a confluence of an ABCD, a 127.2, a gartley completion, and structural zone. One would definitely want to keep an eye on this area.
Chief Currency Strategist
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moneymaking
2 years ago
Hey akyong, for this trade, we are not getting ratio confluence between 78.6% and 127.2% extension for a valid CD move. Please correct me if I am wrong. Thanks !!
Reply
akyong moneymaking
2 years ago
For me, I see them as an area, a zone. So I am not really that particular that the 786 and 127.2 have to be in a price level.
Reply
moneymaking akyong
2 years ago
I learned something from you today. Thank you for the reply.
Reply
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