Roker1
Long

Gartley pattern on GBPNZD

FX:GBPNZD   British Pound / New Zealand Dollar
Hi guys,

on the daily chart on GBPNZD             we've recently created a new structure high. This makes my bias directed to the upward direction and therefore more incline to take long opportunities. As i went down on lower timeframes such as the 4H, i've identified a nice harmonic pattern (a Gartley formation) that's right near the completion point (brown line). Since the overall picture is toward the upper direction, i'm taking this trade directly at the D point, with stops below the low and targets as shown above.

If you have any question, please let me know.
Share your ideas if you want.
Otherwise, see you in the next chart!
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw
Going toward 97?
Reply
Ok on board , Thank you
+1 Reply
Roker1 Sharecrazy
@Sharecrazy, you're welcome!
+1 Reply
@Roker1, So i see it did come down stop me out BE , tracked it down past your target and i bought the Fib , lets see this time :)
Reply
IDK man bit of a knife that could turn ugly ,Maybe theres news , Good Luck Though
+1 Reply
Sharecrazy Sharecrazy
@Sharecrazy, Ah , looking at it again it hasnt hit your buy tgt yet
+1 Reply
Roker1 Sharecrazy
@Sharecrazy, not hit neither my entry point
Reply
@Roker1, I see that , maybe itll come back down , im not sure , thanks for posting
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