EURNZD - Bullish Gartley pattern at previous structure

A bullish bat pattern is about to complete in this consolidating price action. Completion aligns with previous structure and the 88.6% retracement of the anchor leg. A potential AB=CD pattern also would complete in the same area

Traditional targets :
38.2% for a > 3:1 RR
61.8% for a > 5:1 RR

Also take a look at my USDCAD short idea (see link below)

Thanks for the thumbs up if you like my idea and may the pips be with you !

PS : This is the 100th idea I publish ... a little celebration ! :D

Bình luận:

Corrected the title ... of course it is a Gartley Pattern, not a Bat ... the 88.6% level for completion in combination with not enough coffee must have confused me :)

Bình luận:

We actually have 2 AB=CD patterns completing around our entry area, making it even stronger

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Market decided otherwise ... time to look for a new opportunity.