EUR.NZD - BEARISH CYPHER & GARTLEY SETUP
On the EUR.NZD 4h chart we have two potential short opportunity's at the D leg completion of a Bearish Cypher & Gartley pattern
Bearish Gartley Pattern (Green) - D leg completion 1.6689
Bearish Cypher Pattern (Blue) - D leg completion 1.6670
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for both the Cypher & Gartley Pattern placed at the .382% and .618% retracement of the C/A to D move.
There is also opportunity to look for extended targets at around 1.6209
Stop loss would be placed above X leg structure resistance
Website: UKForexSignals.com
Instagram: Instagram.com/UK_Forex_Signals
Instagram: Instagram.com/Tom_Hall_Official
Twitter: Twitter.com/Tom_H_Official
Bearish Gartley Pattern (Green) - D leg completion 1.6689
Bearish Cypher Pattern (Blue) - D leg completion 1.6670
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for both the Cypher & Gartley Pattern placed at the .382% and .618% retracement of the C/A to D move.
There is also opportunity to look for extended targets at around 1.6209
Stop loss would be placed above X leg structure resistance
Website: UKForexSignals.com
Instagram: Instagram.com/UK_Forex_Signals
Instagram: Instagram.com/Tom_Hall_Official
Twitter: Twitter.com/Tom_H_Official
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