PipBurger
Long

Gartley Pattern setting up.

FX:AUDUSD   Australian Dollar / U.S. Dollar
On the weekly a beautiful Gartley is setting up for potential high movement entry for pattern traders
Trade still progressing at the C-Leg and might take awhile to move to D-Leg or it can invalidate.
Long Entry @ 0.69570
I will keep you updated.

This is just my professional opinion.
Use this information at own risk.
Adjust Stops and Targets to your own risk profile.

Good Luck Trading.

Comment: New C-Leg Formed, Pattern is still valid.
In these gartley patterns, time is important ? i mean if it is valid, then point D will be about mid-october near that price level? 10-15 Oct maybe ? Thanks.
Reply
PipBurger ahmetnmsl
Time mostly isn't really a main factor on patterns but the longer a pattern takes to complete it's C-D Leg it becomes a weaker but still valid pattern. I would say that this pattern completion might take months and can take longer than even 2016 itself. But the focus is to wait and have this trade in your pocket for when the day comes.
+1 Reply
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