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weiloon940718
Jul 22, 2016 8:09 AM

AUDUSD : DAILY CHART GARTLEY BUY SET UP Long

Australian Dollar/U.S. DollarFXCM

Description

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
Comments
ahmetnmsl
Is this Gartley pattern still valid ? Selling through Point D still valid ? Thanks for the help.
weiloon940718
this gartley could be valid, unless 0.76470 (point C) is broken.
ahmetnmsl
Thanks
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