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
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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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.