Mr_Gedze
Short

NZD/USD Trade Idea

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
55 0 3
Hi. (please don't crucify me- I've been learning on my own for 3months). This is what i believe to be a very good xabcd bearish harmonic pattern. Points B and C are based on the 50 and 61.8 Fib levels. There is also a perfect ABCD Formation: with AB = CD Relatively spot on. My setup proposes a sell at point D, with my Targets being Fib Retracement (of CD) Levels 0.382, 0.5, and 0.618 ( Target 1, 2 and 3 respectively). My stop loss would be at 0.73690, as i feel this is an important resistance level .

Thanks.

Welcome any feedback.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out