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RaynLim
Jun 14, 2020 12:30 PM

NZDJPY - Bearish Gartley Short

New Zealand Dollar/Japanese YenFXCM

Description

A bearish Gartley Pattern form within the consolidation zone on the 1-hourly chart. On the daily chart, the bearish shark pattern has already formed.

So, how I'm going to take this trade? Well, shorting this pair will be the main focus, I will be waiting for a candlestick confirmation on the Gartley Pattern. If the market break and close above the consolidation zone(grey box), I will wait for the shorting opportunity on the daily chart instead.

Do you see that it is clearer right now? If you find this helpful, join our community by clicking the link at the bottom of my tradingview post, or your can just drop me a message.
Comments
Dave-FX-Hunter
Very nice trade wave analysis
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