EURNZD Harmonic - Butterfly or Gartley
The EURNZD is in the 3rd leg of a Harmonic Pattern
- With the B leg completing near the .786 Fibonacci Retracement of XA , two patterns can be considered
- Both can find the C leg at .886 Level.
a. Butterfly
b. Gartley
You cannot tell at the moment, price is however looking to test key support at 1.57.....
So a short bias is suggested from present price 1.5950 to 1.5750.
- With the B leg completing near the .786 Fibonacci Retracement of XA , two patterns can be considered
- Both can find the C leg at .886 Level.
a. Butterfly
b. Gartley
You cannot tell at the moment, price is however looking to test key support at 1.57.....
So a short bias is suggested from present price 1.5950 to 1.5750.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.