Go short or wait for the pattern to complete likely to complete at the nearer resistance
The first target could be the crossing of the support level of B which is the likely retest of MA200
The second target could be the support line of C
Okay so we have our beloved Gartley pattern here on the EURNZD and this set up looks to be a very good one because I'm expecting a Kiwi strength in the next coming days so that should be the main driving force of this short, will it happen? Let's wait and see
If this level holds now we may have formed this harmonic pattern which signifies a bullish tone ~ expect to test the anchored VWAP blue line or levels $7.8K to $8.2K?
This pattern also spotted by : twitter.com
Analysis on EURUSD D/240 potentially forming a gartley
Currently @ resistance level/area between 1.1185 and 1.1200.
Long after pullback into support level/area between 1.1110 and 1.1130.
Potentially forming a textbook short gartley pattern with point D/killzone @ 1.1300
Trade at own risk!