OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
What's up everyone, here we have NZD/USD             with a bullish AB=CD pattern on the 1h chart.

The measurements for a valid AB=CD pattern are detailed below.
C: 0.618 - 0.786
D: 1.272 - 1.618

Excellent trading opportunity with over 1:3 risk to reward.

The D point forms at a key support level in the market which indicates a reversal at this level rather than a D point of 1.618.

A to B time completion is expected to be as similar to C to D as possible with around 22 days and 389 price bars.

Feel free to connect with me on social media :)
📈 Learn How to Trade the Most Advanced Market Patterns: https://www.sixfigurecapital.com

∙ Telegram Channel: https://t.me/SixFigureCapital
∙ Facebook: https://www.facebook.com/sixfigurecapital
∙ Instagram: https://www.instagram.com/sixfigurecapital
The price gets into action, it bounces from D. is this mean reversing?
LewisGlasgow Fairuzzabadiy
@Fairuzzabadiy, not always, it dropped way too quick, we may see further declines.
is trade active ?
@davidoff, price dropped way too heavy, the structure is off.
Great setup! Monitoring!
@datura, thank you!
Love your work Lewis. A question: Once a pair reaches the completion point do you use additional criteria which have to be met such as price action on lower time frames, pin bars, engulfing candles etc
@petery, I appreciate that thank you! Yes I will look for other confirmations before taking a trade, even if a pattern completes it does not mean I will trade it :) good to see a trader who understands the process.
Nice Set up... i wont miss this opportunity :)
LewisGlasgow Salremeithy
@Salremeithy, thank you!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out