A timely update to Greek Equities, with outflows reaching extreme levels it is a good time to start looking for value opportunities. This move will have momentum behind it and I am a buyer of any pullbacks into support here.
This will not be the first time Greece breaks correlation from global equity flows and it is worth a look as we edge closer to a breakout...
Here we got a yet another Gartley pattern with a little bit better Risk : Reward than the previous one. The stop placement is kind of a compromise, it should actually be above the las structure high, where i got the circle but it will make an inverted risk reward to target 1.
So let´s hope the Greek nightmare decissions will not kill us on this Kiwi trade in the...