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Bearish Gartley

Deep Gartley formation in Trend ContinuationHey traders, today i show you something i've found this morning during my analysis. There is a deep gartley formation completing at 1,0686s right at previous structure with the trend in our favor. I always like this kind of setup cause you could shoot for extended targets. I will be more careful than usual with this pattern cause tonight important aud news are coming and i want to trade safe. My levels are: Entry: 1,6886s Stop loss: 1,0711s Target1: 0,382 of AD leg Target2: 0,618 of AD leg Hope this helps. Good luck! And don't hesitate to ask if you need.
Short
by Roker1
EUR/NZD - Potential Bearish Gartley Pattern on Daily ChartEUR/NZD Daily Chart I see a potential Gartley pattern for me to short soon. Waiting for price to hit about 1.56475, ideally at the PRZ (Potential Reversal Zone). ECB President Mario Draghi speaks tomorrow. He may talk about the risks of deflation despite the generous quantitative easing and the negative rates. Market volatility is expected. He may provide more details about how quantitative easing will evolve, something he did not do in the post-rate decision presser.
by lyl89