#NZDCHF 5-0 short into gartley (C J @Marketrend) Short

New Zealand Dollar/Swiss FrancFXCM

Description

⋅ Sep 7, 2014 7:39 PM

Credit to C J @Marketrend for this nice pick. 5-0 bearish into bullish gartley.

Comments

fximperija

⋅ Sep 12, 2014 5:52 AM

Update: closed 1 pos. for +100, looking into gartley completion, SL BE+ --> Risk free trade on 2nd pos.

HexVex

⋅ Sep 7, 2014 11:57 PM

Looks risky. Do you only Gartley or are you considering other factors ??

fximperija

⋅ Sep 8, 2014 5:44 AM

The 5-0 is the underlying pattern suggesting short at 50fib ret. from this impulse leg down. Most probably into the long on this gartley.