tmanuelasorina
Long

POTENTIAL BULLISH GARTLEY

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
75 4 4
NZD/USD             is forming a bullish gartley .When price will touch point D the pattern will be complete and you can go long.
Target 1 at 0,70261
Target 2 at 0,70740
So you think it may drop down to .69-.70 area first then rise?
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yes indeed
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JustinRod tmanuelasorina
Thanks for the reply!
I hope it does. I have a short against it right now where it is at, I'll play my stops close.
I think the two even bottom candle sticks on the $DXY is a positive that it found its bottom for now... I hope that is the case...
Reply
you must wait untill the pattern is complete
Put a buy limit order at point D.If price will not touch point D,you have nothing to lose,the buy limit order will not be fullfilled
If you are an harmonic trader you must enter only when the pattern is complete at point D.Here we have a POTENTIAL BULLISH GARTLEY.Price can change direction anytime.so have the patience and wait untill price touch point D
The completion of the pattern is an essential condition in harmonic trading
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