Gartley on NZDUSD
Updated
Hey guys,
not much on my radar today (except the winning trade on USDJPY). Nonetheless i've found something valuable to share with you.
It's a trading opportunity on NZDUSD that starts from the higher timeframe. On the daily we are at the completion point of a Cypher pattern; at the same level we can notice also structure (black line). That's why i began to look for trading opportunities on lower timeframes, such the hourly.
In this chart you can see a Gartley advanced formation, that usually occurs in consolidation patterns. Its completion happens to be really close to the line i've drawn, therefore i'm setting my orders up.
If you want to share your standpoint or just to ask questions, you can easily write below.
Otherwise, see you in the next chart!
not much on my radar today (except the winning trade on USDJPY). Nonetheless i've found something valuable to share with you.
It's a trading opportunity on NZDUSD that starts from the higher timeframe. On the daily we are at the completion point of a Cypher pattern; at the same level we can notice also structure (black line). That's why i began to look for trading opportunities on lower timeframes, such the hourly.
In this chart you can see a Gartley advanced formation, that usually occurs in consolidation patterns. Its completion happens to be really close to the line i've drawn, therefore i'm setting my orders up.
If you want to share your standpoint or just to ask questions, you can easily write below.
Otherwise, see you in the next chart!
Trade closed: stop reached
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