TomHall
Long

EUR.NZD - Bullish Gartley Pattern + Fibonacci Confluence

FX:EURNZD   Euro / New Zealand Dollar
On the EUR.NZD 4 hour chart we have a potential long opportunity at the D leg completion of a Gartley Pattern

The price reversal zone on this pair is between 1.6575 & 1.6524
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Cluster - 88.60% - 127.20% - 141.40%

Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the A to D move.
Stop loss would be placed below X leg structure support .

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This trade is now live.
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Good setup .. not to mention the dual AB=CD patterns potentiallly completing in the PRZ.
+1 Reply
TomHall Nico.Muselle
Great mind as always ;-)
I was going to add that on my chart also but looked a mess, but a nice solid bit of confluence within one area.
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