Short based on Gartley Pattern Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Apr 2, 2015 3:44 AM

Short based on bearish Gartley , strong resistance at D. .

Update: yes the CD leg is not 127(thanks WSM for bringing this into my attention) but its close enough to be considered. This pair has been in strong down trend and everything is pointing south. Please see below for more charts
Update 2: one more Bearish butterfly

EURNZD

Comments

GcNaif

⋅ Apr 2, 2015 1:13 PM

One more bearish Butterfly

WSM

⋅ Apr 2, 2015 1:31 PM

beautiful...i have it on my chart a gartley confirming you ...great job
thanks

WSM

⋅ Apr 2, 2015 4:15 AM

SORRY I MEANT YOUR FIRST GARTLEY PATTERN
BUT THE SECOND IS GREAT I HAVE IT AND I AM IN WHEN IT'S COMPLETE

WSM

⋅ Apr 2, 2015 4:13 AM

NOW WE ARE ON THE SAME SIDE BUT ABOUT THE 4H GARTLEY
I THINK THE PRICE IS NOT EVEN CLOSE TO THE 127.2 BRO

GcNaif

⋅ Apr 2, 2015 4:15 AM

thats correct- good eye , since the price turned down near that resistance level and the pair is in downtrend ,thats why i considered that

WSM

⋅ Apr 2, 2015 4:10 AM

GREAT WORK AND NICE TO MEET YOU
WE ARE IN THE MIDDLE NOW LET'S SEE
GOOD LUCK

GcNaif

⋅ Apr 2, 2015 4:11 AM

Thanks

GcNaif

⋅ Apr 2, 2015 4:12 AM

This is the potential bearish bat on 4h , this can come into picture during nfp

GcNaif

⋅ Apr 2, 2015 4:09 AM

Potential Bat pattern on 15m

GcNaif

⋅ Apr 2, 2015 4:10 AM

sorry bat pattern on 1h