GBP/NZD Bearish Gartley Projection
Aggressive long position on spot is supported by:
1. Strong horizontal support zone;
2. Weekly trend line;
3. Accelerating H4 bullish divergence in RSI and MACD over the last 10 days.
Conservative and more reliable entry would be if breakout of R1 resistance occur but SL would be larger. Target - 2.0 level
Let's buy this CD leg and good luck as always to both aggressive and conservative traders!
1. Strong horizontal support zone;
2. Weekly trend line;
3. Accelerating H4 bullish divergence in RSI and MACD over the last 10 days.
Conservative and more reliable entry would be if breakout of R1 resistance occur but SL would be larger. Target - 2.0 level
Let's buy this CD leg and good luck as always to both aggressive and conservative traders!
Comment:
Gartley turned into a possible Shark as projected
