NZDCHF long entry at AB=CD completion

20 Ağu 2016

Hi traders,

On this NZDCHF chart I am looking for a long entry at point D of the AB=CD pattern. This is close to the 127.2% Fibonacci extension of the AB-leg. We can also see price reverse a few times at that point earlier. The stop goes below the fib extension, leaving some breathing room for price to go against us.
Entry: 0.67841
Stop: 0.67123
Target: 0.69417 = R:RR 2.19

Good luck! Updates will follow as usual.

8 Eyl 2016

Emir iptal

Pattern is no longer valid.