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GcNaif
Aug 18, 2015 2:42 AM

Short term counter trend short trade Short

British Pound/New Zealand DollarFXCM

Description

i will be shorting this at market for the target around 2.346x area. This trade is based on the Clones , the lines on the chart are my decision points for the move while in trade. There is also a potential bullish Gartley is in progress which has its D area around my target 2.346x area

Sell at market or 2.367x area
SL 2.3710
TP: 2.346x

Comments
moneymaking
Hey mate, closing above 78.6% level for the BC leg completion, is keeping me away from taking this as valid Gartley pattern. Just keep following your rules mate, that's all that matters in the end. All the BEST :)
ralphspan
I LIKE!
GcNaif
Update: this morning this was stopped out
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