ProjectSyndicate

nzdusd h8 xabcd best level to buy hold tp +275 pips

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
🔸speculative xabcd setup advanced entry bulls with projeccted
reversal at point D at 6040. Expecting short-term pullback.
point C was printed recently and confirmed a higher high setup.

🔸XABCD pattern structure is defined by point X at 6100, point
A at 6315, point B at 6160, point C at 6365, finally point D at 6040.

🔸Recommended strategy bulls: seek to buy dips/pullback
and put SL below recent low at 6000 and TP at 6300.
Conservative TP bulls is +275 pips. buy/hold swing trade setup.

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Comment:
expecting point D/PRZ / reversal next week

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