Short the breakout (+/-200 pips) / Long the Gartley // IF=THEN ®

FX:AUDNZD   Australian Dollar / New Zealand Dollar
460 0 11

With a sharped downward trend, the continuation of this movement is expected, eventually after a period of consolidation between resistance and previous support structure (blue zone) .

If the price stays above the breakout zone, support, we may eventually see the price rise to 61.8% zone and then to continue the movimento downward.

Wait for the right moment is perhaps the most difficult process, confirming the breakout to a more conservative and prudent entry.

Possible levels where the price can land are indicated on the chart as a percentage and pips, nothing more than previous structure levels where price has found support or resistance.

First Target is the D point from Gartley Pattern with expectations of an upward movement as a correction...

Bullish Gartley Pattern Objective:
Long at D

Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
TP1 38.2% AD
TP2 61.8% AD

Check previous published idea;

Check Advanced             Patterns Ratios:

Safe trades;
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out