Do some idea for NZDUSD.
For timespan theory, it is best if AB=BD (or AB=CD) pattern is setted up. Now it is became in H1 chart .
But SPANB is strong resistance in daily chart.
So in H1 chart, there is a pattern but if it could not go to break out from SPANB(daily) until Bd' (52), then do short until De' (52).
For timespan theory, it is best if AB=BD (or AB=CD) pattern is setted up. Now it is became in H1 chart .
But SPANB is strong resistance in daily chart.
So in H1 chart, there is a pattern but if it could not go to break out from SPANB(daily) until Bd' (52), then do short until De' (52).