#NZDUSD Long IdeaFibonacci Confluence, Demand Area, ABCD #Forex

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD Long Idea Fibonacci Confluence , Demand Area Forex

Reasons For Trade:

1. Fibonacci Confluence of 38.2 of previous impulse leg, 0.886 of recent impulse leg, 1,272 fix extension of recent retracement.
2. ABCD Pattern forming
3. Good Demand Area as price shot up from this zone in multiple ERC             candles.
4. 200sma reaching the zone
5. Price is reaching over sold territory
6. Psychological round number 0.6600 in zone

Full analysis at:
Trade active
Trade closed: target reached
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