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JasonGraystone

NZDUSD AB=CD Pattern wih FIb Cofluence

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
JasonGraystone  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
6
0
Thought this was interesting. This AB=CD Pattern is now completing. The A-B leg is made up of 5 candles. The C-D leg is made up of 8 candles. 8 divided by 5 equals 1.6 which is a major fib level that lines up right in that zone! Coincidence?
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