EURNZD Bullish 2618 to Bearish Bat + Gartley + Butterfly

Atualizado
EURNZD had formed a double bottom and retraced 61.8% to give us an entry for a bullish 2618 trade. At the 127% extension where profit is commonly taken, 3 bearish harmonic patterns may present themselves within a tight PRZ. On the higher TF, a larger bullish shark is emerging.

Trade 1: Bullish 2618:
  • Entry at the 61.8% retracement level
  • SL is placed below the double bottom
  • Target is taken at the 127.2% extension


Trade 2: Bearish Bat + Butterfly + Gartley
  • Entry in the center of the PRZ
  • TP at .618CD (or move to B/E at this level and let the trade run toward the bullish shark completion)
  • SL outside of 113% XA


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Trade ativo
Trade fechado manualmente
Bullish 2618 trade closed manually due to bearish engulfing candle formation produced on 1H chart.
+29 pips
Nota
snapshot
Note: Trade #2 Sell limit still valid if price should reach entry
Ordem cancelada
Second order cancelled. +29 pips total
BatButterflyconfluenceEURNZDGartleyglennmercergmercerfxHarmonic PatternslongshortPRZShark

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