BlackPipper
Short

NZDUSD: Potential Gartley Pattern (Dual opportunities)

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
47 0 2
6 months ago
The pair has surged up through a strong bullish impulse and our first recommendation is to buy the pair on pullback around 6900 while targeting 7030. From there we anticipate to trade the CD leg of Gartley Pattern which is our main trade for the pair. We expect to enter short trade at 7030 with stop above double top and targeting 6500 as our final target. RRR             is around 10 which makes it highly lucrative trade.
6 months ago
Comment: As anticipated the price ulled back to 6900 and we entered long position which will be fully closed at 7028 while short entry will be based on prudent price action around 7030 where we will target CD leg completion of the Gartley!
Cheera

Related Ideas

BlackPipper
NZDUSD
BlackPipper about NZDUSD 6 months ago
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out