my first idea ever. AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 9, 2016 7:18 AM

Gartley Pattern forming, we can short the last leg potentially from C to D, then we can long from a potential reversal zone around D and 0.886 fib level. SL around X if we long, SL above C when we short.

We see a retest around 0.618

Comments

ElliottWaveFxMajors

⋅ Jul 10, 2016 10:35 PM

I have the same target area with different analysis, nice first idea :)