AUDCHF W Formation/Gartley
Price has formed a few W's within the range with price having a full retracement on each.
Yet another W is forming. Looking for price to show rejection at the previous nose of the first W.
Or continuation to the top of the first leg of the first W and a retracement of at LEAST 0.38 then 50% with the Fib at the top of the range.
Yet another W is forming. Looking for price to show rejection at the previous nose of the first W.
Or continuation to the top of the first leg of the first W and a retracement of at LEAST 0.38 then 50% with the Fib at the top of the range.
Trade closed: target reached
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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