fximperija
Long

Long on fib nice confluence

FX:EURNZD   Euro Fx/New Zealand Dollar
235 3 6
A text book gartley by definition :) PA touched the 61.8 to classify for the gartley and is on it's way to the 78.6 to complete the pattern. However a bullish AB-CD             completes a bit higher than the gartley @565 which could be the initial short The 565 is a nice res. at structure with possible dip lower to complete the gartley and turn bullish . Alternative view according to recent Euro             weakness and NZD strength, could stop the PA and force a correction. Neither currencies show significant change in strength so fundamentals will decide the behavior in the near future.

Related Ideas

Sandeep_Gupta
2 years ago
Good trade setup.
Reply
arfyyy
2 years ago
Hi i am new to trading, could some please tell me what these two triangles are? i mean what the indicator is so i can do some research . and is it good? as i see alot of people making use of it on here

Regards
Reply
arfyyy
2 years ago
ok i actually used my head and read what it say lol, ok other question is how good is gartleys indicator and which time frames is it best for

Regards
Reply
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