NZD/USD 60 min Bearish Gartley

There is a possible bearish Gartley setting up on the 15min/60min. Check your data. I'm going to leave a limit order at .6780 to sell with my stop at .6808. Just because price likes to gravitate towards those levels with a nice even handle. You could have a tighter stop though (see my two different stop areas.) I'm looking to take profits around .6735 and .6695 for a follow on target. Be careful of the Aussie rate decision; that will have a big impact on this pair. Good luck trading out there.

Kommentar:

The pattern is no longer valid. .6760 is a good structure to go short if price retraces and gives a nice rejection candle or double top. Good luck trading out there.