NZD/JPY - Bullish Gartley Pattern Forming (4H)
An impressive looking bullish gartley pattern is forming on the NZD/JPY 4H chart.
- A/B: Price bounced nicely off .648
- B/C: Price fell pretty quickly at around .882
Finally, it looks like D will hit the mark at around 88.00, of which coincidentally is the .786 mark.
If price falls below .90, then I'm confident that the C/D leg will be completed.
What are your thoughts?
- A/B: Price bounced nicely off .648
- B/C: Price fell pretty quickly at around .882
Finally, it looks like D will hit the mark at around 88.00, of which coincidentally is the .786 mark.
If price falls below .90, then I'm confident that the C/D leg will be completed.
What are your thoughts?