BULLISH GARTLEY PATTERN NEARING FINISH ON 1H EURNZD

31 mag 2016

A Gartley pattern is coming to finish on 1H EURNZD. Trade is active on the CD leg of the move. Previous structure low suggests entry @+- the .886 retracement. RR ratio is acceptable to the .382 TP target which could help a further Trend Continuation Trade to the CD finish of another bigger pattern developing. RSI entering oversold limits which favor a long entry.

31 mag 2016

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TP on the CD leg.

31 mag 2016

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Opened LONG position @.886 retracement of XA leg (D finish).

31 mag 2016

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Stops hit. Position closed.

31 mag 2016

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Waiting for price to move along to the D finish of the larger pattern. Will post soon.