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marco_casario
Feb 1, 2016 4:54 PM

AUDNZD: bearish Gartley formation Short

Australian Dollar/New Zealand DollarFXCM

Description

AUDNZD is about to complete a Gartley pattern formation.
We're now waiting for the CD leg completation.

I like how this setup is forming a harmonic CD leg that is between the 127.2 Fib retracement of the AB leg and the 78.6 Fib retracement of the XA leg.

Let's wait and see what happens next.

Good trading
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