TomHall

NZD/JPY - Bearish Gartley Pattern

FX:NZDJPY   New Zealand Dollar/Japanese Yen
On the NZD/JPY 4h chart we have a potential short opportunity at the D leg completion of a Gartley Pattern .

The price reversal zone on this pair is between 81.636 & 81.937
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.

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How To Trade The Gartley Pattern.
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Do you think this is still valid to short?
+1 Reply
TomHall TOP asiansupermarket
a year ago
It is no longer valid as it has broken the X leg resistance
Reply
pyramids_Forex
a year ago
I think it still valid short BAT pattern if we adjustment X leg
snapshot
Reply
pyramids_Forex
a year ago
And Butterfly pattern ;)
snapshot
Reply
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