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Gordon_Chow

NZDUSD / Price retesting Structure Resistance

Short
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
Gordon_Chow Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Chart Patterns Harmonic Patterns Trend Analysis NZDUSD gorestreet gorestreetideas
7
0
chartpattern harmonicpatterns trendanalysis nzdusd gorestreet gorestreetideas
2018-5-22

1. NZDUSD has been very bearish since breakout of the consolidation zone.
2. Price has tried to hold up near Previous Structure Low (Yellow) but failed
3. Price is now once again retesting this level and we look to Short inside the resistance zone (Blue zone)
Trade active:
snapshot

A beautiful Gartley pattern completion right inside the Structure resistance Zone triggered our entry

Stop Loss above Previous Highs
TPs as shown
Trade closed: target reached:
snapshot

TP#1 Reached Profit = 28 pips
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