11021992

NZDUSD: BC = DE pattern?

FX:NZDUSD   Dolar New Zealand/Dolar U.S
460 6 30
Hi traders,

On this NZDUSD             we have an initial ABC movement which I have marked in red. Then I copied the whole move, which makes a point D. In other words, a 100% AB=CD pattern. Both time wise and price wise. Now I want to see if we can also duplicate of the retracement (the BC             move) and create point E. This point happens to be at the 50% retracement of the AD move.

Cheers
Dagangan ditutup: sasaran tercapai
will NZDUSD continue downtrend like AB & CD?
Balas
11021992 hisyam
@hisyam, I think it went up :P
Balas
just perfect :)
Balas
11021992 Tarekkhal
@Tarekkhal, Thanks!
Balas
right on the money! Great analysis and perfect hit. keep up the good work!
Balas
11021992 Jovescastoir
@Jovescastoir, Cheers! Appreciate it.
Balas
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