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johnmad
Nov 23, 2014 8:48 AM

GBPNZD  Long

British Pound/New Zealand DollarFXCM

Description

HARMONICALLY
There is a very nice Bat Pattern as i have indicated on the Chart for a short term move .
There is a beautiful Head and Shoulders with a 1 to 1 move that comes right in line with the Head and Shoulders.
Take a close look at the Daily Chart and you will see a completion of a Gartley Pattern wit a very nice Positive Divergence .
If you look at Elliott Waves i think we have just completed Point 2 because we have retraced the 0.618 of the initial little Bull move
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