Fxprotrader
Short

GBPZND Bearish Gartley To End a Corrective Structure

FX:GBPNZD   British Pound / New Zealand Dollar
After a massive sell off GBPNZD has been in a corrective structure for a couple of weeks. Price now has reached a key resistance level where we have indetified a bearish gartley pattern with D point at the resistance level . I believe that this harmonic will end this corrective structure breaking a long term support level .

Stoploss and profit targets as shown at the chart. I will trade this setup entering with two positions. If price reaches the first profit target i will move stoploss to breakeven to the second one.

Like and comment if you agree,
John
Nov 17
Trade closed: stop reached
I like and comment both! I agree haha
+1 Reply
Fxprotrader tntsunrise
Hahaha.. Thank you tnt. I liked your massive 1000 pips trade.. Epic trade..!
Reply
tntsunrise Fxprotrader
Thank you !
What happen next : After I took profit at 180. i went long again and get 700 pips
Reply
Fxprotrader tntsunrise
Brilliant tnt.. Keep it up..!
Reply
tntsunrise Fxprotrader
u too! let's make more powerful ideas and trade it!
+1 Reply
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