AUDNZD - an opportunity to trade the big C-leg down

FX:AUDNZD   Australian Dollar / New Zealand Dollar
I've been eyeballing this big cypher pattern (in blue) on AUDNZD             for a couple of days now, unable to find a reason to short the C-leg of it ... Till now !

A nice bearish Gartley (green) has formed which gives us the opportunity to ride at least some of that C-leg of the Cypher down and take some pips out of it.

For the conservative trader :
T1 - . 382 retracement (1.0678),
T2: . 618 retracement (1.0638)

For the more aggresive trader :
T1 : . 618 retracement (1.0638)
T2 : 1.272 extension (1.0528)

SL as always goes above the X-leg of the current pattern (pips according to your rules)

New !!!! Crypto High Tops available now on
Do also check our brand-spanking-new Crypto Sports Edition
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
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