Bullish Gartley Pattern Completion in NZDUSD

NZDUSD is in a correction after a breakout of a larger corrective pattern clearly shown in the daily chart. We now have a bullish gartley pattern completion which may push price higher before a sell off.

Stoploss and profit targets as shown at the chart. If price reaches the first target we move stoploss to breakeven at the second one.

Trade geschlossen: Ziel wurde erreicht:

We may now move stoploss to breakeven for risk free second trade..

Kommentar:

Second trade stopped with stoploss at breakeven