Hey traders 👋
This is a textbook Bullish AB=CD structure unfolding on NZDUSD.
The market sold off in clean symmetry from A → B, pulled back into C, and completed the full AB = CD leg at D (0.59590) — precisely at the 100% – 127.2% PRZ.
🧠 Pattern Breakdown:
AB = CD completion at 0.59590
Reversal began from confluence zone with clear reaction
PRZ defined from 0.59788 to 0.59574
Target 1 → 0.60202 – 0.60368
Target 2 → 0.60683 – 0.60849 (extension to full symmetry cycle)
We now monitor for continuation and use structure to manage the trade.
Momentum shifting bullish — trade the setup, not your opinion.
— C. Dela | #TradeChartPatternsLikeThePros.
This is a textbook Bullish AB=CD structure unfolding on NZDUSD.
The market sold off in clean symmetry from A → B, pulled back into C, and completed the full AB = CD leg at D (0.59590) — precisely at the 100% – 127.2% PRZ.
🧠 Pattern Breakdown:
AB = CD completion at 0.59590
Reversal began from confluence zone with clear reaction
PRZ defined from 0.59788 to 0.59574
Target 1 → 0.60202 – 0.60368
Target 2 → 0.60683 – 0.60849 (extension to full symmetry cycle)
We now monitor for continuation and use structure to manage the trade.
Momentum shifting bullish — trade the setup, not your opinion.
— C. Dela | #TradeChartPatternsLikeThePros.
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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.
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.