DavoodWadi

ABCD pattern due to the bullish price action

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The current price action shows corrective movement, lack of interest in the downside and thus a bullish sentiment.
FibTime has already shown a confluence of ratios in the big bearish candle, indicating a reversal to the upside.

I'm going long after the break and close above the trendline only if no new low is made.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.