glennmercer
Long

AUDNZD Long: Bullish Gartley

FX:AUDNZD   Australian Dollar / New Zealand Dollar
Good Morning Traders! AUDNZD             has completed a beautiful Gartley pattern on the 4H chart. The PRZ is tight, with confluence between AB=CD , .786XA and 1.13BC extension. The weekly pivot is precisely confluent with the .382CD retracement and provides a great target. It is smart to put stops beyond XA on these patterns. Happy Trading!
Trade active: Also note that on a larger TF, there is a Gartley PRZ of almost the exact same structure being retested:
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