TradeChartPatternsLikeThePros

NZDJPY ADVANCE HARMONICS PATTERN GARTLEY BULLISH

לונג
OANDA:NZDJPY   דולר ניו זילנד / יין יפני
Hello, Traders

Today, we are turning our gaze towards the NZD/JPY pair, which is showcasing a remarkable trading opportunity.

Upon examining its hourly chart, we notice that it has formed an advanced harmonic pattern, specifically the Gartley Bullish pattern. This development indicates a potential upward movement in the near future.

Currently, the price is trading above the long entry level (EL) at 86.448, which is a promising sign for traders looking to capitalize on this upward trend. To safeguard your investment, consider setting a protective stop (ST) at 86.301.

As we venture into this trading opportunity, here are the targets to keep an eye on:

**Target 1:**
- 62% of XA: 86.702
- 79% of XA: 87.364

**Target 2:**
- 127% of XA: 88.019
- 162% of XA: 88.489

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