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themarketzone
Mar 23, 2015 3:29 PM

Two harmonic options for this week 

British Pound/Japanese YenFXCM

Description

The GBPJPY is on an interesting level - Support zone and 200 SMA line provide support.
From this zone two things can happen - A breakdown towards the completion of AB=CD pattern or a rally towards the completion of a bearish Gartley.

Read the full analysis and more in this week's Weekly Markets Analysis newsletter
marketzone.tumblr.com/post/114402724915/the-weekly-markets-analysis-23-3-2015

Read the article about Moving Averages and their role in the Zones strategy:
themarketzone.net/
Comments
TNT88
if i can add it, it's actually there's three harmonic pattern. 2 gartley pattern and 1 AB=CD pattern. AB=CD completion would be a D completion too for gartley pattern. great analysis and thank you for sharing.
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