Here we got a really deep completion on bearish gartley pattern with ABCD move (in cyan colour) on FX:AUDNZD , providing us with great risk to reward. The for this pair on 4 hour time frame is about 50 pips but that puts us at 1.0990 level from our entry point, 10 pips under the round number. Thus better to place the stop loss above the strong psychological round number of 1.1000. Stops and targets are labelled on the chart above.
That’s all I would like to cover for this trade setup. If you guys have any questions or comments about this trade, feel free to write in the comment section located under this description section. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. All The Best :)
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