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adrian_24K
Oct 11, 2015 9:16 PM

AUDCAD bearish gartley pattern  Short

Australian Dollar/Canadian DollarFXCM

Description

We have a bearish gartley pattern nearly complete. just waiting for one more push once price enters the PRZ ( potential reversal zone) I will be waiting for price action to give me a bearish candle then i will enter a short position. for this pattern to be valid I will need price to push into the 1.27 fib ext of B-C then in to the 0.786 of the XA but must not close above the AB=CD labeled in blue. we also have a trend line of two previous highs in confluence with the Gartley pattern.
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