AUD/USD - Daily Gartley Pattern

FX:AUDUSD   Australian Dollar / U.S. Dollar
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 .


Learn To Trade The Gartley Pattern .
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+1 Reply
Very nice mate, good work.
Nice pick-up Tom... The fundamentals don't stack up for a continued bull run, so this might be the final push before we see sub .70 for the medium term.
+1 Reply
TomHall AndrewFx2020
I agree, order's set to short the Aussie if we can get up to 0.7377
SaudAlAzab TomHall
Wow i took this short also .. Good that you have the same plan as my chart.. it just confirms it.. Good job Tom
+1 Reply
TomHall SaudAlAzab
Good work mate, best of luck.
+1 Reply
johan.verm TomHall
Good job!
+1 Reply
TomHall johan.verm
Thank you.
I trade on short now...RSI is overbought....
+1 Reply
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