TradingView
The_Greek_Trader
7 Th06 2017 10:45

Bearish Gartley pattern on AUD/USD daily chart Giá xuống

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Mô tả

We have almost a completion of a bearish gartley pattern on daily chart of Australlian dollar at 1,27% Fibonacci extension of AB leg of the formation.
If we take into consideration our view on Gold which is bearish and highly correlated with AUD we might seeing the completion of a bearish Gartley pattern and we won't have the oppurtinity to see the bearish bytterfly pattern as i stated in my previous article.
Nice price action with the wick at these levels right now.
If we exceed the resistance area shown at the chart then we propably have a bearish Butterfly pattern as showed in my previous article.


POSSIBLE SHORT TRADE:
FIRST TARGET T1 AT 0.7500
SECOND TARGET T2 AT 0.7450
BUY STOP AT 0,7580
THANK YOU FOR SUPPORT
HAPPY TRADING!

Bình luận

Nice wick showing selling pressure at these levels,you can wait a confirmation day or trade it more agressively at these levels.

Giao dịch đang hoạt động

Bình luận

Already we have some pips i hope yoy enjoy..
Happy trading..

Bình luận

Nice move and happy profits guys!

Bình luận

Some more profits today i hope you joined me on this trade..

Đóng lệnh: đạt mục tiêu

Trade reached first target,buy stop was also reached after so this trade was zero loss trade...
Happy trading guys!

Bình luận

300 pips from this trade before breakeven..
Thêm nữa