TomHall
Long

AUD/CAD - Gartley Pattern

FX:AUDCAD   Australian Dollar/Canadian Dollar
1026 9 33
On the AUD/CAD             4h chart we have a potential long opportunity at the D leg completion of a Gartley Pattern .

The price reversal zone is between 0.9300 & 0.9245 which is a strong psychological whole number.
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support .

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How To Trade The Gartley Pattern.
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Did u take the trade?
Reply
TomHall TOP korhancakir
I personally didn't.
Although it would be heading into profit there was a number of reasons why I didn't take this trade, sticking to my plan is always key.
Reply
pyramids_Forex korhancakir
I did :)
+1 Reply
TomHall TOP pyramids_Forex
Pip accumulator :-)
Reply
I think this gartely will fail with price falling to 91
+1 Reply
alex.a 99nines
you mean CAD strengthening will be stronger than AUD strengthening?
Reply
It has currently respected the 0.9300 area but will have to wait and see.
Reply
Good looking long opportunity
+1 Reply
TomHall TOP Akil_Stokes
Looking to see if price can respect the 0.9300 again.
Reply
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