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Fernandobeast
Jun 4, 2019 4:47 AM

EURNZD Daily shark + H4 deep crab Short

Euro Fx/New Zealand DollarFXCM

Description

Monday closed below 1.70600 and a pullback from H4 bullish Gartley pattern, this might be the last struggle from buyers
ZXY has a Bullish Gartley pattern that indicates a retracement from KIWI and EXY is about to complete a Bearish Gartley
Due to correlation with NZDUSD which has a confirmed bullish Gartley pattern
DXY is forming bullish bat pattern C point confirmed trending downside

Comment

we still can hold it for daily shark 38.2 TP, The price was struggling at 1.69600 before NY closure at EST 5PM, last 5 secs a huge volume forced the daily candle close below 1.69600 a little bit, nice clue

Comment

1.68528 will be the first TP point as a Bullish Crab is about to complete , price might pullback to retest

Trade closed: target reached

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