Battle on Gartley field! NZDUSD

2014年1月25日

**NT** The main swing shows clear indication - fiercely breaking through previous structure levels- of the momentum ride in NZDUSD (bulls market). A dominant leg brings the bears into the game and creates a significant pullback (bears try to take control) Bulls send reinforcement at the B point of the gartley in an effort to gain control of the market again, without using too many resources. Only a 50% correction of the dominant leg has been achieved. Bears assume to have the upperhand and continue their attack. Just when the bears think they have leveled the playing field (a close below B), the bulls send in their prized fighters, but only after their original efforts have been erased by a whopping 78.6%. How the bulls will fair in this fight for the battle of 100(% retracement) is up to you to decide. You are now commanding officer in this battle. Where will you take your profits? That is the story of the battle of the bulls and the bears in Gartley field.