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AdamHong
Nov 29, 2016 10:14 AM

NZDUSD:Bearish Gartley Pattern Short

New Zealand Dollar/U.S. DollarFXCM

Description

The market has broken out the upward channel and bearish opinion will be held next.
The bearish Gartley pattern has completed at 0.7095 level,and meanwhile the previous structure also works at this zone.
So it is good to sell short at 0.7092-0.7097 levels when price action gives the signal in the PRZ.
SL:above 0.710
TP1:0.707
TP2:0.705 and further more

Trade active

Comment

TP1 reached.

Trade closed: stop reached

Just a few profits have been taken.
Comments
j3z3
still on a bear trend?
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