craigwegener21

NZD/JPY Bullish Gartley Setup, D1 Timeframe

Long
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Currently waiting for AB=CD pattern to complete for the A and D points for the Bearish Gartley pattern, and having a AB=CD pattern inside the bearish gartley is a stronger sign also, if you look at the fibonacci retracements for AB and AD , ABs retraced 50.00% to the C and that the fibonacci retracement from A to D shows the 1.272 mark is right in line with point in the bullish gartley pattern needs to edge down a little more to around the 77.47 level and that will be a strong confirmation of completetion for the Bearish Gartley setup , Always use risk management, is it does not complete pretty close to 77.47 I would be weary and move on to the next set-up.
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