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Roker1
Apr 5, 2017 9:57 AM

Harmonic Trading on GBPNZD Short

British Pound/New Zealand DollarFXCM

Description

Hi guys,
today i want to share with you a simple harmonic pattern that's about to complete on GBPNZD. I'm really interested in this formation for it's completing right at a structure level that i've drawn on the daily chart and so we have an additional confirmation.
Stops above X, targets as usual for harmonic patterns.

If you want to share your thoughts or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!

Trade active

Trade closed: target reached

First target hit! Stops at breakeven now.

Trade closed: target reached

Out at breakeven for the second position.
Comments
hari_pantha
time frame?
Roker1
Hey @hari_pantha, it's on the hourly chart
hari_pantha
@Roker1, ok thank you..
Roker1
@hari_pantha, welcome!
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