Potential Bullish Gartley on the NZDUSD 240
Check out this potential bullish Gartley pattern on the NZDUSD 4H chart...
X to A impulse leg detected
A to B retraces beyond the 618 XA retracement but does not touch the 718
B to C leg extends beyond the 382 retracement of the A to B leg
Now just waiting for price to trigger us in at the 1272 extension of the A to B leg
Stop Loss is the 113 extension of the A to X leg
Take profit is at the 618 retracement from A to entry price
Thoughts?
X to A impulse leg detected
A to B retraces beyond the 618 XA retracement but does not touch the 718
B to C leg extends beyond the 382 retracement of the A to B leg
Now just waiting for price to trigger us in at the 1272 extension of the A to B leg
Stop Loss is the 113 extension of the A to X leg
Take profit is at the 618 retracement from A to entry price
Thoughts?
Order cancelled
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