J_Graystone
Short

AUDUSD Gartley Pattern (SHORT)

FX:AUDUSD   Australian Dollar / U.S. Dollar
121 1 6
A bit early on this one yet as we have not seen price action pass the B leg which if it does, will potentially set us up for a bearish Gartley pattern.
This Gartley pattern has JUST over a 1:1 risk reward and less that 100 pip stop therefore meets my trading rules so ill be looking out for the D completion.
Nice, hadn't spotted that one. I was focussed on a very early potential Butterfly forming here as well. On the gartley you show, the AB, and BC legs would form the XA and AB legs of a bullish butterfly. Completion of one pattern would invalidate the other one ... so lets see which way it goes!
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