After a long time on a range trend finally the EURNZD, it's leaving itself from the range to complete these two patterns that can take the price to the upside, that creating a new uptrend, and there we also have the latest bottom that I believe it's going to be tested by the price if the Patterns don't avoid it.
Rules:
1. Harmonic Pattern Completion (Gartley@0.786XA & Butterfly@1.272XA) - 87% Complete & Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. PRZ Retest - waiting (We always have to wait for a retest of the PRZ, nevertheless it does not always happen);
7. Risk Management - Applied;
8. Risk / Reward - 1/3.
" Don't compare your chapter 1 to someone else's chapter 10!"
Unknown
Pips hunters Forex
Rules:
1. Harmonic Pattern Completion (Gartley@0.786XA & Butterfly@1.272XA) - 87% Complete & Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Candlestick Reversal Sign - Waiting;
5. Candlestick Confirmation Sign - Waiting;
6. PRZ Retest - waiting (We always have to wait for a retest of the PRZ, nevertheless it does not always happen);
7. Risk Management - Applied;
8. Risk / Reward - 1/3.
" Don't compare your chapter 1 to someone else's chapter 10!"
Unknown
Pips hunters Forex
I believe here we have to wit for a test of the support line, in correclation with the PRZ!