RaynLim

AUDUSD - Bearish Gartley Pattern

Short
RaynLim Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
A Bearish Gartley Pattern setup for a shorting opportunity, a bearish engulfing candle or both oscillators have to be in the overbought position and hook down before I'll engage the trade.
In normal cases, I won't be even looking at this setup, but as some of you may know I'm very sceptical on Australia Dollar and see that a strong bearish move is lurking in the shadow waiting to happen.
With all crashes, I expect an extreme bullish move to happen before it does and the bullish movement might have ended. If not this setup it will be after the next bull run.
Trade closed: stop reached:
Hit SL 0.6983(-26)

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