Brownr1ce

Brownr1ce

This is a typical 4H analysis I did for a micro ABCD pattern I use . Here I had anticipated the A to be taken by C and initiate Longs from nearby discount price depending on TPO chart. Anticipating a break of last Swing High (b) and FPMARKETS:EURGBP market to reach at the marked levels of (D) ) or 0.84063. will post further analysis as market continues.

Brownr1ce Updated 

As NZDUSD can be seen respecting the historic monthly lows and showing strong bullish momentum on lower timeframes and also opened Weekly with a gap to the upside . I have ten long with a target at 0.59135 and stops 5-10 ticks below last low (0.58125)