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11021992

NZDUSD: Bearish AB=CD pattern

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
11021992  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD AB=CD short
28
1
nzdusd abcdpattern short
Hi traders,

On the NZDUSD I'm looking to enter short at the completion of this AB=CD pattern. It completes at the 50% Fibonacci retracement of the downwards move.

Entry: 0.71255
Stop: 0.71559
Target: 0.70085 = R:RR 3.85

Good luck traders!

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