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GBPNZD Bearsih Gartley Pattern And Short Opportunity Update: Stoped Out

GBPNZD Bearsih Gartley Pattern And Short Opportunity

Description: After closing our long trade with 170 pips, we see a Bearish Gartley Harmonic Pattern on the H4 Chart. A bearish correction is predicted. 


Pair / Instrument:GBPNZD

Time Frame: H4

The trend in the Timeframe: BULLISH

The trend in the Daily Chart:  BULLISH

Trade Based On: Bearish Gartley Harmonic Pattern

Accuracy: %76

Recommended Lot Size: 0.05 @ 10 K Account with 1:100 Leverage


AREA OF THE ENTRY: 1.99800 – 1.99600

STOP LOSS: Above X 2.00400

TARGET 1: 1.99000

TARGET 2: 1.98700

Update: Stoped Out

You can follow the trade: GBPNZD Bearish Gartley


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Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

GBPNZD Bearish Gartley: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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