chewg74
Long

NZDUSD Long ... A nice Gartley formed, terminal bar printed.

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
Terminal bar has just been confirmed today, with the RSI already oversold on the 4-Hr chart.
Reversal zone also in a nice support area .
Looking like a nice one to catch on the way up, just need to have today's close with a reversal candle to confirm.
Likely to go long, next bar open!
This is not a Garley, lol..It's a bat pattern..
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chewg74 NateTheGreat7
@NateTheGreat7, thanks for the pointer nate. i'm pretty sure i learnt from scott carney that this would be closer to a gartley than a bat. i know the guys over at tradeempowered would classify this as a bat. no matter, the market really doesn't care what we call it lol.
Reply
@chewg74, No problem, bro. I was only letting you know because the entry point will be 88.6 and not 78.6 with it being a bat...But you're right, the market doesn't care.
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