Buy GBP/NZD around 1.9300: bullish gartly
A bullish gartly in 4H chart, nearly compete. Let's look at it.
A gartly pattern is determined X A B C D.
B is 61.8% fio retracement of XA(1.9370) and C must within 38.2%-88.6% of AB.
The final reverse point:D has to be aorund 1)78.6% retracement of XA and 2) 1.272-1.618 times of BC
So the PRZ zone is around 1.9300-1.9250.
stop loss at 1.9100
Target:1.94715
good luck
A gartly pattern is determined X A B C D.
B is 61.8% fio retracement of XA(1.9370) and C must within 38.2%-88.6% of AB.
The final reverse point:D has to be aorund 1)78.6% retracement of XA and 2) 1.272-1.618 times of BC
So the PRZ zone is around 1.9300-1.9250.
stop loss at 1.9100
Target:1.94715
good luck
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