Gartley pattern on EURNZD 240

8 Eki 2014

A Gartley pattern is potentially setting up on the EURNZD 4h chart. If it completes around 1.5850 it will have reached a previous structure level (see the red dotted line) where support might now turn into resistance and price can bounce off and rally.

2 potential targets, 0.382 and 0.618 retracements of the AD movement are at structure as well.

I might have a shot at this one, once it completes