Fxprotrader
Long

NZDUSD@ Corrective Five Wave Pattern Completion

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price has completed a WXYXZ pattern and it seems is heading up. Looking in a lowertime frame we can see a bullish gartley pattern which is a good reason to go long with NZDUSD             . Altough i believe that price will skyrocket above upper parralel of the descending channel as a profit target i will aim that parralel. Stoploss bellow last swing point.

Bullish Gartley in 15min chart

snapshot


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Trade closed: stop reached
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