Fxprotrader

AUDJPY Pending Bearish Gartley Pattern

FX:AUDJPY   Australian Dollar/Japanese Yen
Price is in a corrective structure after a five wave move to the down. It has already completed waves a and b and it needs to move up futher to complete the abc corrective pattern of the five wave move to the down. At the level where we see c wave completion we find point d of a bearish gartley pattern. Both of these patterns will push price to the down giving us a very nice sell setup.

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