On the AUD/USD Daily chart we have a potential short opportunity at the D leg completion of the Gartley Pattern.
The price reversal zone that is of interest is between 0.7377 & 0.7438
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
This particular PRZ zone has some nice confluence from a strong psychological number at 0.7400 to a Fibonacci cluster.
Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Gartley Pattern.
The price reversal zone that is of interest is between 0.7377 & 0.7438
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
This particular PRZ zone has some nice confluence from a strong psychological number at 0.7400 to a Fibonacci cluster.
Potential targets for the Gartley Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
Learn To Trade The Gartley Pattern.
