EURNZD AB=CD Completed Possible Short Opportunity

in forex •  7 years ago 

EURNZD H4.png

EURNZD Completed AB=CD formation.

Fibonacci 28.80% 1.70200 will be the target.

If it breaks and makes H1 closings below 1.70200, the pair may test 1.69800 and 1.69400.

Wait for the H1 closings below 1.70200 to enter the short trade.

Stop Loss above 1.70200.

forex
7 years ago by

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