BULLISH GARTLEY PATTERN NEARING FINISH ON 1H EURNZD

31 thg 5, 2016

A Gartley pattern is coming to finish on 1H EURNZD. Trade is active on the CD leg of the move. Previous structure low suggests entry @+- the .886 retracement. RR ratio is acceptable to the .382 TP target which could help a further Trend Continuation Trade to the CD finish of another bigger pattern developing. RSI entering oversold limits which favor a long entry.

31 thg 5, 2016

Ghi chú

TP on the CD leg.

31 thg 5, 2016

Ghi chú

Opened LONG position @.886 retracement of XA leg (D finish).

31 thg 5, 2016

Ghi chú

Stops hit. Position closed.

31 thg 5, 2016

Ghi chú

Waiting for price to move along to the D finish of the larger pattern. Will post soon.