YemiTrader

TCT Trade with Potential Gartley Pattern Trigger

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
I was doing my analysis on the NZDUSD and realized that there a trend continuation trade setting up on this pair with a potential Gartley pattern as the trigger.

There is also an AB=CD move terminating at the completion zone of the Gartley pattern @ 0.7196

You can trade this as a normal Gartley pattern and take conventional targets at the 38.2 and 61.8 respectively or you could trade this as a trend continuation trade and take off first target at previous highs and even look for follow on targets at the 127 extension or whatever you have written in your trade plan.
Cheers!!!

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