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Aqua_Trader
Jun 20, 2017 7:45 PM

Potential Gartley Pattern - Wait for Point D completion Long

Australian Dollar/New Zealand DollarFXCM

Description

Reasoning:
1) Bearish Engulfing which suggests that the price will potentially move lower for the coming hours/days and eventually reach point D
2) Point D forms at a key support level and if it holds, the price will most likely shoot upwards and confirm the Gartley pattern
3) TP @ 38.2% + 61.8%


**For personal use only

Trade closed: target reached

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