Euro/ Kiwi is printing a deep gartley. this pattern is a new pattern outlined in Carney's 3 trading volume aka 4th book. the defining feature is the abcd pattern completes past the 786. stops are moved to the 113 and if im not mistaken i think the the cd leg can extend to the 2618. ill double check when i have the book infront of me i will up date in the AM.
Comment:
Ok so PA failed to take out the previous high now we wait for the reversal pattern.
PA came to the 113 and was sharpley rejected. i say that becasue you have that one massive bullish candle followed by another solid bullish candle and then price hit a wall at the 113. this is telling me that PA is respecting the 113. so watch for the reversal FORMATION!!!