moneymaking
Long

NZDJPY: Gartley pattern near completion in 4 hr !!

FX:NZDJPY   New Zealand Dollar/Japanese Yen
*UPDATE: Trade invalidated by the market, out with small loss*

Hello Traders,

We've got a bullish gartley pattern that is almost about to complete and it is giving us a very good risk to reward. The black trend line has been very good support level . Of course the market did break the black trend line but as we know there are no fixed levels in the market and all we have are zones from where we EXPECT the market to reverse. Note that currently we are seeing the market react to the NZD employment change and unemployment rate. So for now I am not placing any pending orders and just going to sleep. Instead I will be waiting for some form of bullish price action before risking any capital. See the chart for more details.

Good Luck :)
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