Bullish Gartley, Hourly Sell to D

12 בפבר׳ 2019

My idea consist of a possible Bullish Gartely Pattern or ABCD move down. Currently NZDUSD is in a sell. Waiting for good entry with another pullback between .67 and .68 unless i get a good one before then.
Monthly Resistance after break of M @ .68
Weekly Bearish Star with this week falling denied at .68
Daily Entry Looking for consolidation for a sell setup
Entry: between fibs 38% and 50% if possible
Enter now for higher risk LOW ENTRY
SL @ .69000
TP1 @ .66960
TP2 @ .66425
TP3 @ .65550

Good Luck Trader and please manage risk

13 בפבר׳ 2019

הערה

News spike 8 to 9pm. Entry anywhere up here is good depending on risk appetite. I am currently in shorting now

13 בפבר׳ 2019

הערה

Shorting from 61.8% fib to D

13 בפבר׳ 2019

הערה

short trade exited in profit, awaiting for right shoulder formation to confirm sell continuation.

14 בפבר׳ 2019

הערה

Very well could keep going up! Do not enter short unless we get a confirmed signal.

15 בפבר׳ 2019

הערה

Watch and let the candlesticks tell us the story. Next short we will do is when it breaks the neck line or goes up closer to the head around 70% above 61.8% where we had a small short gain.

15 בפבר׳ 2019

הערה

1 more up as expected around 70 to 80%

18 בפבר׳ 2019

הערה

IDEA CANCELLED. New pattern forming or an altered version. NZD still bullish but now we look for tops. It has continued to go up to making a possible double top with a lower right head. We shall see. This is never a for sure thing but we watch to let the market tell us.