So here is a perfect GARTLEY PATTTERN. The overall trend of GBPNZD is still an uptrend so I am always looking for bullish setup due to the momentum that will be stronger that the bearish one for now.
0.92450 will be my BUY LIMIT
0.94600 will be my TP.
Trade with care,
PC
0.92450 will be my BUY LIMIT
0.94600 will be my TP.
Trade with care,
PC
Lets try the 161.8% Because a gartley can either be 127.2% of BC projection or 161.8%. We also have the daily SMA50 at the place.