NZDUSD has formed an abc bullish pattern mon its hourly chart.
The price is trading below the entry level EL 0.69566.
ABCs patterns are only valid when the price closes above the entry level with a progressive uptrend.
NZDUSD ABC BULLISH PATTERN
💼EL 0.69566
⚠️SL 0.69288
🎯TP1 0.70173
🎯TP2 0.70405
🎯TP3 0.70915 61.8% DEPTH CUP
The price is trading below the entry level EL 0.69566.
ABCs patterns are only valid when the price closes above the entry level with a progressive uptrend.
NZDUSD ABC BULLISH PATTERN
💼EL 0.69566
⚠️SL 0.69288
🎯TP1 0.70173
🎯TP2 0.70405
🎯TP3 0.70915 61.8% DEPTH CUP
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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.