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lisellottesanders
31 Ağu 2014 22:14

GARTLEY PATTERN 

New Zealand Dollar/Canadian DollarFXCM

Açıklama

this is a very nice gartley pattern. the D point completes very close to the 091000 even handle. 127.2 BC and AB=CD ratio confluence. RSI is oversold. on the 15 minute chard there's a triple bottom on the D point level.

there's also a head and shoulders pattern that could be traded down after the gartley move.
Yorumlar
Technician
Thanks for the catch, but would you suggest trading levels
lisellottesanders
well Tim. I thought i would leave that to traders own experience and rules. Just wanted to show the opportunity. Usually i use 2% of my trading capital first target 38.6 take 50% profit and then 61.8. Now I'm keeping my eye on the retest of the trend-line plus support resistance level for the down trade.
Thanks for the heads up.
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