weiloon940718
Long

AUDUSD : DAILY CHART GARTLEY BUY SET UP

FX:AUDUSD   Australian Dollar/U.S. Dollar
67 3 3
In this daily chart we can see an almost-perfect Gartley pattern , where the point D is at the level 0.69860-0.70422. For those who are interested in long term trade, this will be a good price level to enter, WITH THE CONFIRMATION OF CANDLE REVERSAL SIGNAL.
Additionally, we can also expect the current downtrend to continue until point D, for those who already have short position at near point C, you may hold this position until the price reach point D
TRADE IDEA :
BUY AT NEAR 0.69860-0.70422 (LONG TERM TRADE)
SL : 0.69500 OR THE REVERSAL POINT IS BROKEN
TP 1 : 0.74299
TP 2 : 0.78156
Is this Gartley pattern still valid ? Selling through Point D still valid ? Thanks for the help.
Reply
weiloon940718 ahmetnmsl
this gartley could be valid, unless 0.76470 (point C) is broken.
Reply
ahmetnmsl weiloon940718
Thanks
Reply
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